:-)Just to defend myself, that was actually the official picture from my ESPN World Series of Poker television appearance...that photographer hadn't worked at Sears in over 2 years!!!

The collateral is worth 100K, the other 50K is outer space, not even blue sky, any discount starts there and a balloon requirement will make it worse as owner's equity is diminished or eliminated......unless that buyer is financially able to wright a check or pledge other assets to pay it off.I have also found that I get more prudent and better advice from attorneys who I don't have a personal relationship with as friends tend to stick their neck out a bit further in order to "help you", I can see the wheels turning, "oh, I can defend that matter for Bill" as opposed to doing things I don't have to defend.

Any lawyer involved by the buyer would list anyone involved in the sale, if the seller ate a Big Mac at the closing, the lawyer would probably list Mc D's as a defendant too.

Brian it look like you are trying to defend him.Joe Gore

I agree with Jermaine, have your FL attorney draft your lease - they will be defending it in eviction court.

I took classes from Champions School of Real Estate.

Every device you can think of is probably" in- place" somewhere in an "Association " In your case they are probably defending against non- payment experiences they are having and cutting off the flow of Tenant Residents.

@Aaron MazzrilloBy no means am i defending z buyer, but for the record...Google (and all search engines) rotate the web results displayed for websites with paid ads.  

This will cost you a lot in legal fees just to defend yourself - right or wrong.

If there is any license that generally applies to your activities not having one causes you to defend why you don't have a license.