Can I prevent the banks from going through foreclosure.The property does have equity in it (based on loan origination date of 2009 for a value lower than the current market value).

Otherwise, it isn't too exciting to buy a negative cash flowing property because it prevents you from scaling today.

Pay it but if it happens again it's on then because you just cleared their line...unless its tree roots or the main line has a rare blockage. 

I was wondering if there is anything that might prevent me from exchanging it for a rental property like a duplex or a triplex?

Absolutely not and hence the hotel association is right to be concerned and demand that the government take preventative action.

Seller has a mortgage that will prevent him from selling at a 6% cap.

This move will likely prevent a lawsuit, however unlikely, from happening due to unobtainable info.Reason 2: I am reducing my administrative responsibilities as much as possible.

They check the exterior each time and seal any new holes, make recommendations about anything I might need to do to help prevent pests, place bait boxes around the perimeter and will go inside if needed.

I’ve also managed units where on our renewal rate we did reduce the rent from the prior year, but for other reasons, such as the prior year of the tenant having a washer and dryer, and a major plumbing issue with the building, preventing us from offering it the following year so we did a reduction.

I believe it tends to give me a slightly lower return, because the sponsor is going to be more careful, and if there is a severe downturn will prevent me from taking catastrophic losses.