For example, if they have a financial issue they know that communicating proactively and honestly gives them the best chance at getting a late fee waived.Also, when I am being flexible, they are reminded that I am being flexible.

Hi Mario, Very common method.

In fact, nothing was ever done.To make matters worse, I have another Fund That Flip deal that has gone south with little hope to recoup that investment as well.The loan was made in June 2018 and they stopped paying a year before Covid started and this is their latest comments:The developer remains non-responsive to Fund That Flip’s communication attempts to discuss foreclosure alternatives.Foreclosure counsel is waiting on the court to schedule a hearing date for the judge to rule on our motion for default judgment.Fund That Flip continues to work towards re-establishing contact with the developer and their known colleagues to discuss a successful exit.

my main interest was in the letters he uses as messaging matters.  2nd was his method of narrowing down the list to the most likely sellers. 

The contractor offered to cover the cost and your neighbor should communicate with them.3.

I haven't mentioned collections or lawyers to her yet because I want to keep the communication open and amicable and make sure she continues to respect the house, but I don't know what to do.

It will also depend somewhat on the price of the house and the method they use for determining the payout.

Does HELOC and other home equity financing methods work in the current high interest rate environment?

There is nothing that ruins a business relationship quicker than poor communication and unexpected fees.Some PMs add a flat fee or a percentage on top of maintenance bills.

Good chance you'll be like Michael Chang and make enough to purchase a substantial amount of real estate through the rental arbitrage method!