Bryan, it sounds like you're in a tough spot, and there are definitely some red flags here, especially with the property already being sold and the lack of communicationYou mentioned the borrower has many properties across states.

If they are under 600 we consider it a red flag but not an immediate denial.

That being said, I think there might be an opportunity for this program to be expanded as the the politicians seem to finally be understanding that they need to do something to fix the lack of supply of new construction homes and I'm thinking this program may end up being a part of their solution.I've tried finding some real meat/details on the program but all I can seem to find is the broad strokes at a really high level. 

If a tenant is asking for rent reduction in normal times, then that's a red flag that you have to find a new tenant.

**Why A Half-Point Rate Cut May Signal Bad News**While many view the Federal Reserve's half-point rate reduction as a positive sign, I see potential red flags.

@Arn Cenedella The larger syndications that are raising their funds through smaller check writers is a red flag in my opinion. 

I would like to learn of any potential red flags in the assumptions but most importantly just go over the deal with a fine-tooth comb to confirm my own understanding of the deal. 

I have found in the Austin area, appreciation is your best option since property values are so high that rent can put you in the red month to month, even on really great deals.

Tenants still win most disputes in red states as well...evictions may be a little easier, but it's not like there are no problem tenants in Texas. 

Need more info on LegalShield call me at the number below.