Transparency always wins.3)Make sure to have mattress and pillow protectors, top-notch cleaners that take pictures of every sheet as they lay it before guests get there, and consistent pest control.

I thought it was simply the difference on percentage of appraised value (4% vs 6%).

If it matters to any degree to retain this tenant, if listing for new tenant is a pain, I'd simply call this guy up, I'd be upfront and ask him about all this.

Let's hear your wins and losses with them and your plans for the future. 

The values they had before were based on rents that simply weren't sustainable. 

I realize down the road letting if I am trying to simply pay mortgages off the ROE  is no longer a useful gauge. 

Not sure there are many sponsors that would come out of pocket like that. made no return for 3 years but got our principal back which is a win in my book..

Think about it: The IRS has a greater chance of winning money if they audit someone showing $10 mil of total income on their return versus $100,000.

Like are we talking about winning the lottery or landlords get sued for mold all the time?

To me not even close.Continue this velocity banking process and you will pay off your entire mortgage and HELOC combo in six years and four months.If you had simply made an extra payment of $1,000 a month to your mortgage during this time without utilizing the Velocity Banking strategy and paycheck-parking strategies, it would take you six years and five months to pay off your entire mortgage.