This becomes a normal LTR deal then, and you lose the advantage of STR (2-3X monthly income for you).

. $4k would be losing money for me but again it sounds like a lower cost of living area.   

Bankruptcy saves the lenders from losing even more money during a prolonged foreclosure.

Be prepared, but don't lose sleep over "what if" scenarios.

Pretty sure you will be ok either way so I would t lose too much sleep over it.  

It's mild insanity and recipe of long-term failure.If I counted up the amount of times I could have told an investor I told you so because I gave them sound advice and watched them not follow it and lose money, I could fly to the moon private.

They of course lose us as a buyer now and subject themselves to what the market will be at that time, which we cannot predict.I understand the rentback scenario.

You only lose your money if you sell when it is down.

I think big factor contributing to de-railmemt is losing focus on that one thing we specialize in.

It's a very small nuance, but could mean the difference between keeping a good tenant and losing one.