Then you can make the appropriate moves when the wind is more at your back and there is less emotional involvement in your decision making. 

Having a strong understanding of your "walk away" price (maximum you're willing to pay) gives you leverage and prevents emotional decisions. 

Abandonment: If the GC stops working altogether for an extended period or doesn’t show up, then the project can be terminated.It’s best to communicate contract termination in a written way via certified email.

Realtor referred to the GC who was terrible at bookkeeping and communication.

Agreed- with a long term rental you can be very clear and upfront about all the nuances/quirks of the property and what is included because the transaction has far more direct communication.

Building trust can lead to better negotiations and more opportunities in the long run.Managing seller relationships is about clear communication.

Your personal history with GSE's is notified across all GSE loans, they communicate.

For this situation, communicate very clearly and bluntly with the tenants and try to realign expectations so they don’t do this same with you.

I highly encourage all my tenants to keep open communication with me about any struggles to pay rent, and generally they do.

This will cut down significantly on the issues you may have down the road with communication, paying rent on time, caring for property, etc.