They will survive!!!

most large wholesale lenders (available to mortgage brokers) are underwriting to DENY loans, not to approve/fund them...this is the reason i recommend small re-sellers, since they survive on UW'ing to APPROVE a loan.

I look at it as my business(even though it's in my personal name it is still a business) has a responsibility to pay debts, for my business to survive I MUST still be able to do that if my tenants don't pay otherwise it is not my business it is my tenants, and they will be the ones running it.2.

Best is they plan to be out, just like in any other sales transaction.Leases survive sales.

Surprisingly I did see a clause on someone elses lease on survivability of other clauses if one or more are tossed which I use.

We put water,sewer,and trash into the lease to make sure it is paid and not under the tenants control.So we will have base rent plus these utilities listed in the rent for a total rent price.Fulton county is one of the few counties in Georgia where a water lien SURVIVES foreclosure.No way to get rid of it except through the local council person with legislation or negotiating a payoff of the lien.With our apartment units the benefit is we get the bill so we can moniter water usage.If the bill is really large you can use a water leak adjustment form with the Fulton county water authority.Depending on the age of your property pay special attention to leaky faucets and old toilets leaking at the wax seal,the return line,and or the tank into the bowl.If you have plumbing leaks anywhere it will drive the water bill up.If you have an outside water spigot get it capped off or removed.Tenants are notorious for using water outside and driving the bill up.You better get a hold of this lien issue now or it will get worse.

I know lease options are a "touchy" subject but I am very determined to investigate this technique in that this is of extreme importance to me and my brother's financial survival.

I think we all have to continue to change and reinvent ourselves to survive and prosper.

Here's what will probably happen to the property,   Escheat: If the intestate leaves none of these heirs surviving, the intestate’s property escheats to the state.

Pay off all current debt, save cashPhase 2: Invest in rentals to build cash flow and learn.Phase 3: Invest in flips to gain access to larger sums of cash at once.Phase 4: Quit my job.Phase 5: Get on bigger pockets podcast.No idea if any of this will actually work, and no plan survives contact with the enemy, but I gotta start somewhere.Give me a shout if you want to network or have any advice.