The owners of 100+ units can sustain and adjust since they knew at purchase this was a possibility.The new entrant to the MF space (possibly from BP since, along with the gospel of Cash Flow, another often repeated never questioned manta is that SFRs are a stepping stone to multi families) who has a few 5 or 10 plexes didn't underwrite the deal thoroughly, assumed rent growth keeping pace with expenses, and equal entrance and exit cap rates will feel the most pain. 

If the accessory dwelling unit (ADU) was constructed in a workmanlike manner you should get the necessary permits. 

I have heard metrics of 6 months housing supply, 5% interest rates, and sustainable 3-4% home price appreciation, but have you ever seen/lived through a "normal" market?

In addition, they want and need answers to their questions in a timely manner, not some e-mail address to send to that will get back to them in 24 to 48 hours!

In addition, they want and need answers to their questions in a timely manner, not some e-mail address to send to that will get back to them in 24 to 48 hours!

Are you locked into this bank in some manner? 

Most of our tenants have the payment processed 7 days before the due date to ensure we receive payment in a timely manner.

@Robert Carraway  my niche has always been performing.. others do the heavy lifting and go for the Non performers.. me I am lazy :)  but we don't make Quite as much and frankly the folks we work with if you even mentioned non performing in any manner would run for the hills they want solid performers with good payors..

Are they handling all screening, phone calls, showings, renewals and doing it in an efficient manner so that you're not losing rental income?

(All pools are usable etc.)What are the typical costs of utilities, property taxes, insurance and the cost of furnishing the property in a manner consistent with the rules?