During the tour, we will guide you through several key areas where we actively invest and showcase a selection of available properties—many of which are off-market opportunities.Courtney, who leads my investment team, can assist you further.

I see these borrowers doing the thing, so why not me? 

Other members of the LLC are not required to sign as PG.This does not show up on credit, and if the LLC is the borrower and property is owned by the LLC, you do not have to disclose this property on a new mortgage application.

Hopefully, you can meet genuine people that want you to succeed and will assist you in your endeavors without trying to take advantage of you.

@John Jacobs I require my borrowers to have policies that cover replacement cost. 

@Kris Lou Many factors go into PMC pricing:1) Locality (city/state)2) Neighborhood & Property Class (time to manage Class A < Class B < Class C < Class D)3) Property condition (slumlord properties hard to manage)4) Number of units (some economies of scale, but not as much as owners think)5) Owner expectations (some owners really want a personal assistant!)

Not only will lenders be effected, but borrower credit, business loans, inventory, and auto credit will suffer when those effected have to relocate, find long term replacement housing and their livelihoods and income are destroyed.

@Annie DriscollSubsequent borrowing by the AITD holder seems to be dependent on the lender.

@Tom OchiengI would reach out to a real estate attorney for specific advice on this situation since you already have one tenant who is being difficult.On a side note, when I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.

We are here to assist whenever you are ready so reach out anytime!