While I appreciate that & don't want to push them out, they are well below market rate & the unit is a disgusting mess, approaching hoarder status.

However, we’ve had great success with a straightforward approach: 'talk to the lawyer.'

So same thing, if they approach you, make it seem like there is a little bit of a chase, but in the same convo say "Well maybe, yea" so that they feel like it's a conquest to get the house. 

I want to refi and pull some of that equity out ($200-$250k) so I can keep growing my portfolio but I'm not sure how to approach it as it would obliterate the cash flow I currently have, and in the current market I won't be able to make up for it with additional properties as they would also have minimal cash flow.

Under this scam, a homeowner facing foreclosure is approached by someone who promises to help save the person’s home.

I’d love to hear more about how you approach finding these under-$2M properties and what strategies you’re implementing for operations optimization.

Also, when it comes to enforcing the lease, use a simpler approach.

Here’s the approach I’d take, blending strategy and action: 1.

With the data-driven approach Neal developed, Grocapitus has a strong track record based on the actual return investors received.

Since I have a long-term interest in getting into hotel investing, this feels like a natural stepping stone, but I want to approach it the right way.I feel like this is such a great opportunity, especially with it being off market.