You have to prove you did everything right and then because of “empathy” for the poor snook who “fell into you schemes” you may lose anyway.This is a legally binding transaction that will be treated that way by the law.

Even though your market might prove expensive, I would exhaust all options before ruling it out.Truth is, you have a unique competitive advantage in your market.  

Is San Diego too tough of a market to start out in? 

Meaning you cannot just evict a tenant because their lease has expired.You will have to build sufficient evidence admissible in court and to the satisfaction of a judge to prove good cause to get a warrant of eviction.Many housing providers kept high risk tenants on month to month leases so that if the tenant stopped paying rent, you could simply give them a notice to vacate and recover possession of the rental unit that way.The reason for this methodology was because the HSTPA of 2019 passed in NYS made it extremely onerous and costly for housing providers to evict due to non payment.That method under good cause will be eliminated.So you can still keep tenants month to month but you will need to document the lease violation due to nonpayment rigorously.How many times and how late is “good” enough?

I'll admit yes I did, but only in a couple of situations, it is just so tough the way our system is set up....so you can call me a hypocrite if you like.5) And here is an 'outside the box' idea I've had for a while now - everyone says - "we have to let them all in, no one else will do those jobs".

As others have stated, you are far better off working with an experienced Broker that can navigate for you during these tough times. 

Louis Fed shows the delinquency rate on residential single-family mortgages, and proves there's a way to spin this data to show that delinquencies are increasing rapidly.

It was a tough moment, but it pushed me to focus on preparation and delivering my message with confidence. 

There are plenty of places that will offer assistance to a tenant who has fallen on tough times. 

Always curious how others strategize around that.Great question, I make sure that I can hold on during those tough times and don't take on too much that I can't chew.I always try to have a longterm vision and think of the property in a 10-20+ year viewpoint.