If buyers require financing, it could present challenges if you're the listing agent.

However, future rights can vary.Key Lease Terms to ReviewTo determine the specifics of your lease, look for the following clauses or terms in the lease agreement:Assignment and Subletting:Check if the lease allows for the assignment or subletting of the tower space to new carriers.Look for language such as "the right to sublease or assign" or any restrictions on adding new tenants.Scope of Lease:Determine whether the lease explicitly states it covers only the equipment and tenants present at the time of the agreement.Phrases like "existing tenants" or "as of the date of this agreement" can be indicators.

It sounds like you won't have any trouble qualifying..In Oregon there are some tenant laws that can restrict active CAP rates, but those with current market rents (or that can attain them near term) can approach double digit return rates.

It also allows me and my wife to take a small owners draw each December which is helpful during the holidays to afford Christmas presents.

The problem isn’t with the list it is with the Investors who don’t know how to close...Your presentation to buy at a discount starts with your marketing...

Additionally, the costs of fixed rate seconds and HELOC's could come down from the double digits or make cash out refinances more feasible to tap equity for those with low first rate mortgage loans. 

Some may have to decrease a little on those double digit increases. 

They can provide guidance on potential legal options and rights concerning the city’s demands and the lender.Negotiate with the City:Seek Extensions or Variances: Your friend can request an extension on the deadline to comply or apply for variances that might allow the property to meet less stringent requirements.Explore Grants or Subsidies: Check if there are any local, state, or federal grants or subsidies available for renovating older properties, especially those providing low-income housing.Engage with the Lender:Discuss Financial Hardship: Present the case to the lender, explaining the situation and the financial hardship imposed by the new building codes.Propose a Loan Modification: Suggest modifying the loan terms, such as extending the loan period, reducing interest rates, or even deferring payments temporarily.Negotiate a Short Sale: If the property must be demolished and rebuilt, your friend can discuss the possibility of a short sale where the lender agrees to accept less than the owed amount to avoid foreclosure.Explore Refinance or New Loans:Seek New Financing Options: Look for other financial institutions or private lenders willing to provide financing for renovation or rebuilding.

I did walk away from this exact property but it was good practice I think for me and I will be looking into some more in the coming weeks.My next question is property management for something that strictly does emergency calls where I can not be present?

I don't know whether it is still the case but for awhile the city of Jackson was selling empty lots for just $50 if you presented a plan for what you wanted to do with it.