My reply is late but it might help other landlords out there.Although we did that to a couple of our long term tenants - they had a bad credit but we felt the sincerity and humility from them and we're glad we did. 

It Is like anything else, whether it be attorneys, doctors, roofers, etc. there is good and bad.I strongly encourage landlords and investors when looking for a good property management company to go to the National Association of Residential Property Managers website: www.NARPM.org Good property management pays for itself, while poor property management can cost an landlord thousands of dollars.I sincerely hope you are able to recover the funds.Kevin

Sincerely,E.

I have seen family members fight over loans, I sincerely hope it will not ruin your relationship.

Sincerely, XXXXXX Summary of events: I just received notice in the mail on 3/17/16 of a lawsuit against me for failing to secure a vacant building and for not doing some needed repairs.

So, if you had a tenant living under your roof that was a lot more work than normal, you could simply reset the rent to an appropriate level since rent control did not apply.  

Sincerely, Caleb.

Okay, I would sincerely appreciate some insight on seasoning periods.

This may sound cheesy, but it is true if applied with sincerity and not just as a one line sales gimmick.

Plenty of similar deals all day around here since rents haven't kept up with appreciation.Now, I won't see this kind of appreciation elsewhere so in a sense I've lost out on that but on the flip side I'm unlikely to see the depreciation.