Over the next year or 2, just absorb as much information as possible via webinars and reading these forums.

. $60k has already been collected and the other $15k will be collected in another week at most.That being said, a few of my Tenants are in the Gig Economy.One in particular is Canadian and in the Gig Economy.Those who I know lost their jobs, especially where they won't even get a Stimulus check or unemployment, I'm giving them a small rebate on their rent.That will amount to about $2k.So, to put it in percentage, I am sure to collect $73k/$75k = 97.3%HOWEVER, I'm renewing leases without any rental increases this year.So there will be a downside to this as I will absorb the increase in expenses like Property Tax, etc.Over all, this has ZERO effects on my lifestyle.

Just try to really absorb how that would feel, before you start blathering on about protecting your investments and how it must be done, yadda yadda.  

many of your answers depend on you.....can you absorb the loss if you sell?

For me, taxes and insurance have done nothing but increase over the years, but I've just absorbed the cost because I don't want the extra headaches.

If that will slow down or halt the deal, and you're willing to absorb the fallout, then yeah, I'd send them something with delivery confirmation that says this is the deal or you need to prove otherwise by x date.I do not personally think certified mail is the way to go anymore.  

You aren't expected by law to absorb the cost of the daughter's feelings.  

Yes, in order to make money you have to absorb risk, and that is the spread between taking on leverage and owning it free & clear.

Absorb it all, but don’t drink the cool-aid.

Or, if the top of the market is $1200, and $1100 is more realistic, one month of vacancy per year absorbs the added money you thought you were going to get.