The only remedy for the borrower is to catch up with the missed payments.. is there any other recourse here?

I only mention this because according to you he's "the most reputable person in the real estate industry and the most trusted and admired Bigger Pockets contributor":"its up to the owner to have them inspected quarterly and remedy wet spots or mold at the first sign..

Protections for the Seller:**To protect the seller in case of default, the contract should specify the remedies available to the seller.

The plan is to conduct mold inspection and remediation after the tenant moves out and then re-rent the property.

Neighbor wouldn’t remedy and city didn’t care.

What steps have they taken to remediate this for you?

Another option is to have the building tested, and if that is found you could get a quote for remediation.

Unfortunately, Prosper is refusing to cover without remedying the situation (at least a $1k in materials plus labor).I always want to fix any problems within my rental if they arise, but I don't want to replace something that is perfectly safe just to fit a policy.

This is more easily remedied by getting in roommates or if they were to move out when the lease expires I get tenants in paying market rate rent...I would cash flow around $2000 a month (acquired pre-2008 so it has a lot of equity).

Anyone have any remedies for a situation like this, as investors?