A bunch of old fogies who want to keep things status quo and old school or new young blood wanting to grow the city??

If you don't have a crack management team in place then I would expect there to be some blood in the water in the next couple of years. 

RichI saw the same article and my blood boiled!!!

They're broke so suing them is like trying to get blood from a stone. 

I don't want there to be any bad blood.

A sale can take place 30 days following, provided its not less than 190 days from the date of default) The sheriff must publish a notice of the sale once a week, consecutively, for four (4) weeks, in any daily or weekly legal newspaper of of general circulation published in the county in which the property is located.

Besides if they turn out to be really bad tenants you just give them 30 days notice to leave.Exactly, you can't get blood from a turnip.

@Dan Heuschele, sounds like you got your answer, but over 5 years of actively working with over 4,000 LPs, my experience aligns with Brian's.I am sure, as of today, the number of LPs that want out of deals going south is probably much higher than leading into this correction, but unfortunately, if you want out after there is already a scent of blood, the chances of finding a willing buyer at anything more than pennies on the dollar is probably slim to none.That being said, I know Cadre runs their own secondaries platform.  

You don't want any bad blood with a tenant before you become the owner. 

You either have landlording in your blood or you don't.