He executed his scheme convincing the bank that there was no more money, reasonably, in the property that could be had in the market.

It is no more complicated then that, at least from our standpoint as the borrower.

Hopefully its something useful like engineering or computer science not something useless (job opportunity wise) like English or history.The basic calculation for a mortgage is the payment should be no more than 28% of your gross income.

Also make sure they are no more than a mile away unless you are in a rural area.

If they are the key person in a business entity, that entity is no more able to continue than the individual running it.

No more human showing houses no more concern for personal safety.When someone remotely visits the property they can have the drone be their "eyes" on the ground.

I have great property managers where I own property(TX,FL,UT and AZ-no more Cancun!)

Don't argue with it as arguing is a waste of your time, initiate court proceedings for non payment immediately, gather necessary evidence, set an eviction date...then send her to collections for money owed.....and tighten up your house (electric etc) when vacant. no more BS.I had a headache tenant recently meet my rent court lady at rent court, threatening to rent escrow if I didn't pay him for his supposed bills he incurred as a result of a roof leak (not Niagara falls, more like slowly dripping faucet and only when rain/snow on the roof) the idiot showed my rent court lady a receipt he typed up on his printer for 400 dollars!!

At least with DF there is no more debate, you have to use a Servicer.So what is a high cost mortgage that triggers having to escrow?

They have to right to know where and how to pay their rent, how to contact someone about maintenance or a problem and where to send or serve legal notice and to live in the property with quiet enjoyment as long as they pay the rent and follow the terms of the lease or rental agreement.They have no more right to "know who they are renting from" than you have a right to know the details of every single GE stockholder just because you bought one of their light bulbs.