If it proves itself to be a scam by a competitor to make airbnb look bad, then I doubt that airbnb will just roll over and play dead.

But somehow the California Builders and the Apartment Association decided to roll over on this.

I used my IRA money with a 60 Day Rollover (then Refinanced it) and Home Equity line to buy this cash.

Your friend has been lucky if no tenant has left in twelve years and skilled if roll over has not created any down time.Either way pricing rent below market is simply supplementing a tenants rent and has very little bearing on how long a tenant will stay.

@Nathan Emmert @Lumi Ispas remember that although you may not take losses over 150k FOR THAT PARTICULAR YEAR that it rolls over and could come in handy later for a year when you do not make 150k, or alternatively, when the property is sold. you only need to be a real estate professional for one year to suck all the roll over losses up that accumulate over the years.  

That $200K is a lot of money you can roll over into other investments.

The few profits were often encouraged to rollover to the next project.

While the money in HSA's roll over year after year, extremely few people have enough in a HSA to cover a major medical issue.

My fear is that on the 9th I will only receive part of the remaining rent and then unpaid rent may start to roll over each month.  

The lease would simply "roll over" to the new owner and it would be up to them to either continue with the lease or consider a "cash for keys" deal with the current tenant.If you do decide to go the "cash for keys" route with your current tenant you need to offer him a whole heck of a lot more (and more time to move) than what you've posted here.Gail