Its ok to spend a couple nights being a bum!

@Joe SplitrockJason Hartmans classic “ Inflation induced debt destruction” and just another reason why buy and hold is so powerful.

This is the textbook definition of "Fraud in the Inducement". https://legal-dictionary.thefreedictionary.com/fra...Want to do it right? 

Some of the neighbors are seasonal/summer bums, so they were a big part of the Buyers decision to purchase - in both a good way and bad.

Nothing on inducing a recession, not in manner most associate that thought, especially not a collapse which is most fertile ground for small business. no, it's a consolidating event, to "meter" the economy, putting a "control" on it all, and thus a very literally control center to adjust corporate profits on demand. 

They are not all "bums" to use an old term.OK I know, easy to ask, but no good answer.

@Spencer Cornelia and @Jon Lee,  I am super bummed I didn't check this until today! 

I’m a bit bummed but I understand that based on the equity and value it can set them up nicely to retire back in our home town in GA.

No way would I carry back a mortgage without 25%+ down and a very healthy (high) interest rate to induce them to pay it off sooner rather than later to give you your capital back to do more deals.

Not only did I spend a lot of money to make them habitable, I made them aesthetically pleasing, and then I screened the occupants so that good people moved into the neighborhood rather than bums or drug dealers.