John left the courtroom after the judgement, walked away and has never been seen again.

Thanks for walking me through it.

If your at $500 per month on 87.5% occupancy, I would walk away.Do a cost to build on the Storage units. 

It has a ton of pools and is walking distance of several other locations on the beach.

If treated kindly and with respect, they will usually be honest and vulnerable about what they are going through and how they might be able to either salvage the situation or walk away with dignity. 

Your team walks it.

I wouldn't trust them to make the payments, especially if the property value goes down and they have a bum tenant not paying rent because they mis-managed it and had poor underwriting skills to begin with and realize they messed up and just walk away (what makes it attractive to them if it's not attractive to you?).

They opted not to put guest access control in and instead installed a key fob system for their tenants, with the expectation that they would just go let guests in by walking down the stairs and opening the door for them. 

Purchase price: $440,000 Sale price: $675,000 Purchased with 5/5 ARM, no money down and walked away from closing with $4,800 in pocket.

I know that myself, as a buyer, if I cannot walk the property then I am either going to pass or offer far less money to account for what it is I may not be able to see.