Run some sensitivity analysis to make sure you can still at least break even if rents drop or if CAP rates increase significantly.

Also, I was all prepared to go door knocking one day, and then read something online about not door knocking to preforelcosures just because of the sensitive situation that it is...so I'm not sure wether or not to go ahead with door knocking...or just send out way more letters and stick to that?!

Or, do so such that you can make a profit if you have to inherit all rent controlled tenants.Rent control is kind of a sensitive issue right now in LA.

These are time sensitive and there isn't room for me to hold your hand ESPECIALLY IF YOU AINT GOT CASH.  

Real estate is sensitive to location and time.

Unfortunately Margaret with sensitive issues such as these seeking counsel is usually the most prudent way to proceed.

If there's a hole, it may be a red flag.b) sensitivity analysis: I examine all the assumptions, and make sure I can live with the worst case scenarios.c) "Stall and see": if they are getting money over multiple years, and there is no penalty for investing later, I would usually wait so I get some real performance data, versus having to look at theoretical pro forma information.d) Recession stress test: I will not invest in anything, until I subject it to recession level stress and see if I can live with the result.

Whatever terms you end up getting, you just need to do your projections with a sensitivity analysis to increasing interest rates and be sure that you'll be able to refinance or sell at the end of the term.

And for tenant screening purposes, many online background check vendors now allow the applicant to provide their SSN via a secure website...without disclosing this sensitive personal information to the landlord.So questions for the community:Are you asking your applicants for their SSNs?

However I’ve worked through a lot of sensitive situations as a leader of Marines that I think have exposed me to a wide variety of decision points.