You'll have to keep escalating this to get it resolved as the national PMC you hired is probably using poorly trained VAs who don't know/care/authorized to fix the problem.What do you mean about the, "undisclosed maintenance markup fees"?

Most of the time, we resolve the situation in less than three months through cash-for-keys agreements, court mediation, or by creating enough pressure that the tenants decide to leave on thier own.We currently manage over 700+ units and flip about 20 multifamily properties a year, the majority of which have inherited tenant problems.

Ten years from now people going to impress with the real estate or mogul in 2034 that purchased the distressed assets/notes in 2024 as it becomes too obvious.One thing that we know whether inflation is sticky at 2% or not is that w know interest rate in 2026 is lower than 2024, that itself could spur investment growth in 2025.All these down cycle in CRE could rebound relatively quick because the root cause of issue is M2 prints in 2021 but that issue is resolvable by the market completely in 2026.Meaning q3/4 2024 and q1 in 2025 could be one of the best time to invest for the new cycle. just think of the killing investors made picking through the bones of the Resolution Trust . 

Many of our competitors would have walked away, leaving us with the upper hand.If you have the right mindset and the right resources, properties that others shy away from can become some of your best deals.Have you ever dealt with a property that took months to resolve?

The strip of land is utterly worthless to anyone but him but he's happy to pay $450k to resolve everything without the courts input.I retain 100% of my building, 99.999% of my land, and 100% of my existing mortgage. 

I hold a note on an investment property we sold to a contractor 'friend'.We lent him $9k against the increased equity BUT couldn't add it as a 2nd (had a workers comp lien he was still fighting to resolve) but the signed agreement was we would advance the $9k by increasing the principal amount of the existing mtg by the $9k.

RESOLVE this issue NOW and make a clean break. 

For a city with such a large metro area and a growing economy, I believe it’s only a matter of time before this disconnect resolves.

@Rene Hosman Generally, Reasons for Land Swaps are to: - Resolving zoning conflicts - Acquiring strategically important properties - Consolidating land holdings - Avoiding costly legal battles - Achieving public policy goalsWhen I was a Planning Commissioner projects would discuss land swaps for larger development projects to make sure the community impact was greater (typically gaining conservation land for us) than just allowing a rezone to be approved without public benefit.

There are still several outstanding issues needed to be resolved by HCD as a result of the new 2020 bills that we're still waiting on (e.g. the discrepancy between the 800 & 850 sq ft min ADU size used in the legislation)