They are effectively insolvent and lenders and insures have already deemed those properties uninsurable and therefore non-financeable.

Quote from @Neeta Agrawal: For context, we gave the tenant a 60-day notice for non upkeep and no repair communication in 2023 and then extended it for 30 days upon his realtor's request, setting the move-out for May 31, 2023.

Turns out the theory was right, but the decline has been even steeper.You might be able to predict whether a future market will be better or worse than the current one, but predicting how much worse or better is nearly impossible.And don't even get me started on how sponsors could be manipulating purchase cap rate, whether intentionally or unintentionally, by reporting pro-forma caps, non tax-adjusted NOI, and so on. 

I'm surprised there's not more legal guard rails in place for these types of deals given the large amount of $$ involved.Curious when a non accredited investor is let into an investment that states it's open to accredited investors only, how does that make sense? 

We consider ourselves a "non-denominational" retail space meaning anyone can join our community. 

It provides an opportunity to see what's happening in the units.You still have the ability to evict for lease violations, but your less likely to face non-payment issues. 

•Downside protection if properties are purchased requiring improvement to provide a fast increase in capital valuation – improvement means non structural renovations/work.

Non-compliance can result in penalties up to $500 per day and potential criminal charges.

Financing as a non-US citizen might be a challenge, but it’s not impossible—I’d recommend reaching out to lenders experienced with foreign investors early in your journey.A few general tips:1.

The simplest way to deal with this situation is non-renewal.