I don't think investors understand that in many foreclosure situations they are going to lose interest for sure and principal ( very common). the thought that 20 or 25% equity is enough coverage to alleviate a loss does not play out very often in a foreclosure situation.

The deposit we are willing to collect over the first few months if needed to lower the cost of entry.We are getting some calls, but lots of no-shows when it comes to appointments for showings.We had a lot of problems in the past with tenants bringing in drug dealers, homeless, and various other criminal activities.

These type of subs are typically very disorganized, have drug/alcohol abuse issues or both.

That'll alleviate a lot of pressure.

Listen, I'm not looking for your opinion on drug addicts, either your opinion on what you THINK the neighbors will think or feel about  a Sober Living house being in their neighborhood.  

And a washer & dryer are critical for those of us traveling away from home for more than a few days.One of the things I love about our small 2-person Airbnb is that I never have to worry about big, illegal, violent drug parties or families having a field day jumping up and down on our beds.If single people or couples are likely to be visiting Branson, they make awesome guests. 

Are there any clever financial instruments or maneuvers that could help alleviate this $12k/month interest payment sum? 

Based on the discussions, I am going to keep these properties for some more time and RTR are providing me with some financial assistance that will help alleviate some of the losses.

One of the most important aspects of managing your property is ensuring you place solid tenants in your properties, which will alleviate problems down the line.

Unlike drugs, the first hit is not free.