They then decided to scale, hired Joe Namath as a spokesperson (I know, right there that’s the sign this was headed for disaster) and went around the country drumming up interest in investing in their newly formed REITs.

I can tell from your questions that you are in a bit over your head and before you make an incorrect decision you should STRONGLY consider a consultation with someone.

But Lee Arnold certainly should not have gotten to pocket the money I paid.Chris started a REIT organization in Spokane and heads it up.

Just off the top of my head, I did one in WPB.

The only interpretation of what the Federal Reserve Bank (the head bank) is saying, is that "banks credit depositor accounts and lend the deposits".

There's an adage in several sports about critical things like protective gear: "a $10 helmet for a $10 head."

@Peter Mckernan hit the nail on the head. 

@davidPalm meet head..

It didn't go over your head, it's right in front of your face. 

Scenario 1 they don’t or refuse to move- eviction costs and/or lost rent Scenario 2 they move out and Cap ex and turnover costs, lost rent, advertising for new tenants in a somewhat of a qualified tenant shortage, headaches can be avoided by simply having a conversation with the tenant to see where their head is at, and that they understand what your expectations are.