As for me I have been working as a tour guide and tour bus driver in Alaska for the past 11 years.

If they have no options to extend, you are more in the driver's seat for what happens next for if they stay or you re-tenant with better credit and/or higher rent. 

Schools are a big driver of home values.Also, the hedge funds are slowing down some, they were probably keeping the prices propped up in areas that are mostly rental.

When you add in the fact that there are 22.5M 18-34 year olds living at home with their parents, and the fact that the median price of both homes and condos (in the US) are north of $200k meaning that buyers looking for conventional financing have to come up with $40k just for the down payment, apartments have powerful demographic and financial drivers behind them.

@Nandy B.I have one rental as well I traveled across country for work, truck driver, and was able to manage my property while on the road.

What is the major economic driver in the town now?

He said he put less than 10K into it and is renting to his drivers.

there are plenty of ways to cash out in your LLC but if you really need that specific agency debt and you need to switch it to your name then it really is not that hard your talking about a few hundred dollars more at title for them to do it my suggestion is BB&T like @Addam Driver said or somthing similar

I was thinking the same thing while I was talking to this guy and I did ask for a copy of his drivers' license. 

Knowing the drivers and amenities of what would make the next D community valuable in such an event is beneficial.