My oldest daughter left FSU in March but still had to pay the remainder of her lease through the summer.I wonder if some owners are worried about this upcoming school year and unloading part of their portfolio to prepare for the uncertainty ahead.My experience has been as follows:-100% rent payment for March, April, May, June, July for ~160 students.-99% leased for next year (100% at this time last year). 

Make it clear that you’re prepared to go to court, potentially jeopardize his license, or report him to consumer protection services—or at least make it clear you’re considering these steps.

I would think in this type of a property you would need to be prepared to come out of pocket the entire renovation amount. 

For quick sale we are prepared to sell at the 1% rule of current rents and will consider owner financing with 20% down (30 year @ 7% w/ a balloon between 3-7 yrs). 

The tax preparer may be confusing the two. 

I received the following email today.Good Afternoon,Be prepared!

However, once i hit my goal and preparing to break ground on new construction, having a plan seems to help me better than shooting from the hip.

Renovated with cosmetic updates for immediate rental income, it offers strong cash flow while preparing for more extensive repairs and the addition of an ADU.

I've been fortunate that I haven't lost money lending through my retirement accounts....yet......but I have lost money lending outside of it.The more lending you do, the more likely it is that someone will not pay you back so just be prepared for that.

Even if your consultation  says you should be fine, are your prepared to pay an attorney to fight this if necessary?