Paying that amount protects them from eviction when pandemic-era protections lapse.

We use Vacasa at our Lake House - they have a local manager who is awesome and we have 2-3 same-day turns per week in the summer, so we can't afford surprises or lapses. 

Forced Placed policies normally refer to a policy, purchased by a lender and charged back to the Mortgage Holder when that holder lapsed coverage.  

I have a section 8 tenant that lost her benefits in May, but housing authority didn't tell us until July (tenant was just telling us her paperwork had lapsed). 

I am 57 years young and getting back into real estate investing, I was a Realtor of 8 years but let my license lapse(going to get it back). 

I am not an economist and have no background in how incentives work but I don't think letting Chapter 313 incentives lapse will take Austin off the table for many companies who see the myriad other benefits the Austin metro offers. 

I submit that I don’t know and no one else does either.So do you buy Bitcoin now because it is down 50% from its high or do you wait because $30,000 is just a momentary pause on a continued steep decline.Real estate while more predictable than Bitcoin is similar.So buy property that is is good value today - with reasonable rational reasons for optimism for the future - and wait.

@John Smith what are your state requirements on if you let it lapse.

And or other standard events of default  like non payment of property taxs'  let insurance lapse and waste.

Here in Orlando they are dreaming up ideas to get owners to accept HA participants; too much paperwork, takes forever to get signed up and receive money, the inspections and re-inspections for renewals are a joke, and if you lapse on the re-inspection, they hold up your money.