He says that the front door was damaged which he got repaired but there is some damage on the back side as well.

They're very different thankfully so it feels like there's always at least one who's acting like a normal human being...A defeasance is something that happens on commercial properties when a securitized loan (like a CMBS [commercial mortgage-backed security] or agency loan) needs to be paid off early, either when you're refinancing or selling your property that has a loan on it.

I currently work with investors who are looking to invest SFH/LTR that are turn-key ready and manage for them on the back end, so I see a lot of benefits in that market across the board. 

Mistakes I see people make is they plan on living there a short time and over renovate the property where they will never get the money they put into it back. 

And even those remittances often come back in the form of trade and economic growth."

Sometimes you will get a seller who comes back and declares they want off of the loan, or a nasty letter from an attorney saying that you ripped off their client, or a letter from the State Attorney General that you get to visit them in their office.

Here’s a thought:Step back and evaluate which properties, if any, are truly worth keeping based on current performance and future potential.

I have a bit of a soft spot for the area as a UF grad, and I still come back to the area every year or two. 

We almost went with a loan that we have to pay all the cost upfront and then get reimbursed on the back end and that was just not something we were willing to do.

I use PropWire to find home owners and give them calls, however I never get responses back.