Waiting 3 years for nearly 100k in “free” equity is to the worst thing.

Worst case, they may count the interest plus principal payments of the repayment period as you said.  

Wondering what kind of numbers to conservatively budget for a worst case scenario?

These are the worst cities to live in America.

At worst case, they would have gotten a free meal and beer for some time and if what we discussed had no value to them, they could ignore it.  

thanks for your input. im not concerned. ive just never done hard money. thanks for your insight and information. i have all of the information you suggested will be required. im attempting this next week. my worst case scenario is a hard no. that just makes me work harder

On top of that insurance for the units went up and so did property taxes so what was once a very profitable commercial rental has turned into my worst performer. 

I figure the absolute worst case is the educational portion of most RE training is useful for anyone involved with RE investing just to understand the knowledge domain better, you know?

It's one of the harder markets to find cash flow in, on average, in the US right now, but not the worst.  

It is the worst this year!