The answer is it depends - if there is no more settlement then they are correct you probably do not need piers at this time, if it continues to move then you need to do something.

The critical factor is whether the property owner can demonstrate that the sale or settlement was made under the threat or imminence of condemnation.

I’ve seen cases where the lender filed the deed in lieu, then when the borrower threatened suit offered them a cash settlement to forgo litigation.  

I'll probably get notice of settlement while I'm in court for an eviction on a North Shore property, lol. 

If the property manager feels guilty or wants to make the problem go away, they may negotiate a settlement with you.

I as a lender as part of settlement had our servicer unwind some negative reporting.As a sidenote I saw a post online somewhere else where someone who had an owner occupied home for several years relocated for work and teh servicer sent a letter telling them they are not in compliance with their loan because it must be owner occupied for the entirety of the loan even though the loan docs say one year....Again, servicer overstepping their bounds

The Pacific Northwest is competitive, so leveraging those connections can be a game-changer.Second, when analyzing deals, ensure you’re building a framework to assess not just the property’s performance today but its future potential.

The frameworks others have presented of viewing the site as a lead-generation tool where you, as the host, are handling all the payment processing and screening is pretty accurate. 

El Dorado County prohibited this, though it seems there are "creative" ways to work within their framework.

Become a Material Participant.We are given a clear framework for determining Material Participation (not passive) in Pub 925.There are 7 scenarios that will get you there.Material participation scenarios (Pub 925):1. 500 hours.2.