A dehumidifier is a cost-effective way to go but keep in mind, a dehumidifier won't' remediate the mold that is already there.

I hope everyone in BP Nation can learn from this topic and stay within the wording and intent of the law... from late fees to self-help remedies, to handling tenant abandonment, all the details are in the "standard" (form 410-T) lease paperwork available from your attorney or property manager.

You have to understand your State charging order protection if any (some don’t have it as sole remedy, other will only provide it for multi members LLC).

I called a mold remediation company to set up a testing.

So your tenant is 5 days late or whatever and you are a business not a charity, time to crank up the only remedy in your arsenal, it's off to the courthouse to file eviction.Evictions - I've had a few - they both took 4-5 months from start to finish during which time no rent was collected.

Even not, $1350 in termite remediation is nothing.

Additionally, he can circumvent the partnership and take any obligation in default and follow through with remedies under that loan, outside your partnership.

Remedies: You could have an account per person.

The bank could foreclose on 50% of the property, however they wouldn't have a legal lot status to then convey to a buyer, resulting in a title issue to be remedied.

The filing of a court action to enable the recording of a notice of pending action, for order of attachment, receivership, injunction, or other provisional remedies shall not constitute a waiver of the mediation provision.*) Payment of Attorneys’ Fees in a Lawsuit.