Termination of Lease: Money held by the landlord as security may be applied to the payment of accrued rent and the damages that the landlord has suffered by reason of noncompliance with the tenant's obligations under the Act.

Tim Hi, I'm in Utah and the market here is suffering too.

I have a similar building that many years ago suffered from a fire loss.

Sure it suffered due to COVID, but you want to buy when there is distress.

I have a feeling that those landlords/owners who suffered through this moratorium mess might be ready to wave the white flag and sell.  

You give your tenants time and you are the one that suffers.  

Most likely the medical facility attorney can accomplish this.A letter to the big bank making these points;The co-owner and borrower (loan number xxxxx-xxx-xxxx), suffers a permanent mental incapacity and is now admitted for institutional medical treatment, unable to manage her personal affairs her estate The owners and borrower are engaging in a planned property transfer for estate planning purposes.

Notice how each market had a different trajectory, enjoyed a boom, suffered a correction and made it back to the trend line that was established early in the chart. 

Financial distribution is also typically included in a joint venture agreement, with any profits or losses suffered by the venture distributed among the members according to the method described within the venture agreement.Flow-Through FundsA joint venture does not earn a profit itself; any money earned by a joint venture flows through the venture to its members.

Rehabbing, OTOH, requires tens of grands, and you have a pretty good chance of suffering a loss on your first deal.