You have bills to pay, it's sad that they have issues but it's not your concern and your bank damn sure doesn't care. 

I've had the privilege of meeting numerous outstanding individuals who are always ready to support anyone in achieving their first or next successful deal.

I buy all cash most of the time and 25% is outstanding.

But California also has pretty onerous land-use regulations that limit supply, and there’s been a lot less financial distress than people were expecting, with one of the lowest loan-to-value ratios on outstanding mortgages in the country.

Insight on Your Proposed PlanTitle Search and MemorandumTitle Search: Conducting a title search is a good idea regardless of the structure to ensure there are no outstanding liens, claims, or legal issues that could complicate your plans.Memorandum: Filing a memorandum or recording the contract with the county provides some protection by clouding the title and ensuring your equitable interest is recognized.

"UPB" stands for 'unpaid principal balance' which refers to the outstanding principal still due on the loan. 

That is an outstanding start.

@Daniel O'Hare Damn dude that really sucks. 

In this scenario I personally as the PM would probably opt to not apply it towards the late fees since we didn't collect the rent, even if our PMA said we could, because I understand that sending an outstanding balance to collections has a low likelihood of success. 

Buy Right Manage Right Finance Right®Gino  This is a damn good post!