My response would beHello,For now we are both bound by the current lease.

That way even if you have to cut the tenant loose, you're not taking as much of a loss.

Sometimes people can be misinformed, thinking these are loosely originated mortgage loans akin to the “NINJA” (no income, no job, and no assets) loans that were common in the early 2000s and helped lead to the last real estate crash.After reading this guide, you should be both well-equipped to know what to expect in the DSCR loan underwriting process and be able to dispel any myths about DSCR loans being a repeat of the poorly documented “no doc” loans of the past.

Basically I am loosing 10% a month so it's like I (the owner) am paying the late fee. 

Sale price is loose, contact for details on sale

.* 25K middle program they give you a couple of properties minor hand holding through their pipeline to keep you happy (maybe if you dont get burned and loose money on the deal) before they disappear* 35K for mastery this is the big upsell they let you in the inner circle like church of scientology your paying to be their friend and they have to funnel you deals that the top guys don't want first so they feed you some deals to keep you happy and hold your hand.

I also think it is a great idea to contact the city or better yet a tax attorney to get some insight on the taxes in the area, It could literally make a good deal a money loosing one. 

I will be loosing money by occuring that unit.  

I'm not attorney but I'm quite confident they are duty bound to at a minimum disclose that to you beforehand.

He is basically saying that each loss for each rental home can only be applied to the same home and not use the looses of the entire portfolio.