Louis, not sure why my anxiety decided to create some anonymity around the property address, but yes we're looking at the same one. 

If you follow the "collateral" theory of lending, as I do, I make it a point to understand the asset, the liquidation value and the barriers and obstacles to collecting and maximizing yield.If you follow the "emotional equity" theory, as my buddy and author Gordon Moss does in his book, 'Performance Anxiety' then you put much faith in the ability to extract cash flow and yield from the borrower's familiar attachment to the home used as security.Yesterday I attended a conference of court-appointed receivers, who are people empowered to do such things as intercede with collecting rents, cash flows and till taps.

Do you still get anxiety when knowing you'll be facing a confrontation?

I would recommendInvest in Debt by Jimmy Napier, Performance Anxiety by Gordon Moss, Fuquan Bilal's Turning Distress into Success, and for icing on the cake IRA Wealth by Patrick Rice.These are general overview books, they are relatively short and very simple to understand and very affordable too.

They all have been paying what they were suppose to do( some were few dollars less on May), with the exception of my Student  housing. ( This company has not been around that long and it was my mistake that i did not follow my own advise on this one) The Bottom line, Since I am the age that no longer want to manage my properties, this is a great option to get pay around 5% interest on my money on monthly bases and cut on my anxiety.

It has taken the weight and anxiety off of me alwwys worrying about missing phone calls or interupting what I'm doing and allows me to work ON the business instead of in it.

Sometimes, I still get anxiety to this day.

Taking the first few months to adjust and get a strong handle on what your monthly expenses will be, then utilizing a budgeting tool like mint.com or ynab.com will save you a ton of anxiety down the line.  

The main thing I am taking away from everybody so far is that the repairs I am doing now are not unreasonalble for future considerations (which relieves some anxiety) and that I need to consult with my electrician before doing any modifications to the systmen - regardless of good intentions!

You found the problem and “patch” won’t stop the cast iron from oxidizing around it.