One part of me would be tempted to mess them up by filing for a stop order, and you could probably profit from the situation but thats the same bad tendency they are exhibiting.

Phase #5 – SellAt this point, the property exhibits completed updates, increased revenues, and appreciation.

Your experience is Exhibit A.How can you say, "they're good people" while simultaneously telling us they're living off the government teat at the age of 25, destroying your investment, and causing you so much stress?

I am very new to this, and I'm getting stuck on trying to estimate the rehab costs.I live in Australia (investing in Chicago area), so it's not possible to visit the properties myself. 

My situation is a bit different than most in that I have recently moved from Australia and am not a US citizen.

Hi guys! Thought i'd introduce myself to everyone. Been a lurker for a little while and haven't posted all that much. I'm almost an absolute greenhorn to REI apart from reading a few books, listening to podcasts and g...

With the passage of Dodd-Frank, and the extension of fair debt collection statutes (both state and federal) to, not-only third-party debt collectors, but to owners of that debt as well, the regulatory bodies have exhibited their intention to continue protecting the consumer.

And he lives in Australia so what can he do about it..

Yes, seller and buyer must sign the contract form as well as any addenda or exhibits incorporated into the contract. 

I have been living in Australia the last few years and my wife and I have had delays getting things  in place to get back stateside (she is Aussie, international visa issues suck, talk the ultimate buaeracracy long story short).