For the ignorant dummy who responded do not judge me wether or not why or why not if I can reach out to these home owners investors who are struggling with elderly tenants Dont put words in my mouth if you are capable in that small brain of yours I will reiterate once more Now put your ears on ok never did I say investors should not profit or perform accordingly Now about greed in the real estate community of investing it does exist take your head out of the sand I will repeat myself Because I do not cater to ignorant people such as you seem to be I have met good people who are investors I have met greedy selfish people who are investors as well So don't assume as you have about my capabilities  Heres my question why haven't you reached out to provide solutions All you do it seems is point that proverbial finger at others and their opinions suggestions I hope you don't respond I don't communicate well with ignorance My words are ended D

Fingers are crossed the appraiser is a good one.

To save my fingers from typing the same thing over and over, I wrote a blog with lots of tips and tricks.  

I know that would be a perfect scenario is I'll keep my fingers crossed for you.

@Ben Silone - I'm hoping we can build that type of relationship with the tenant *fingers crossed*@Mindy Jensen - I'm planning on going over the lease with the tenant within the next week or two, to go over the renewal as well.We're getting conflicting information from the tenant now.

They get 3 weeks free, but I got 23 weeks of rent and my cleaning lady didn't have to raise a finger for half a year on the unit they stayed in.  

Both times I called my agent and they handled everything start to finish without me lifting a finger.) in one case they actually sued the supply line maker, settled out fo court for $15k and they refunded me my deductible and took the $20k loss  I carry $5k deductibles as I don’t plan to make a claim under $15-$20k.My average premium is around $600/year for $270k properties with 300/300 limits (the umbrella requires those limits this year, I hear they’re going up to 500/500 next year.)

:Sweet mercy, commercial loans are looking less attractive by the day....U want lowest rates this is how you get them.. this is totally normal  .. loan covenants etc.and what happens when U get out of balance IE your income does not cover DCR get ready for a cash call  :)or U can pay a little higher rate and not worry about these things.I have been providing quarterly's for going on 25 years now.. so I would not know the difference anyway.. if your in the business this stuff should all be at the tip of your fingers anyway.my main concern is always meeting the net worth requirements .. 

@Bobby Paquette statistically, your chances of success will depend on the Class of property.Class A - fairly easy to manage remotely as tenants are pretty much self-sufficient.Class B - a bit harder, you'll need better systems and it usually requires more of your time.Class C - difficult as tenants don't want to lift a finger, have a million excuses for everything, yet demand instant gratification. 

I'm crossing my fingers that the injunction is granted!