There is unfortunately a lot of issues going on in the DSCR Secondary Markets with regards to PadSplits right now - Wall Street is insistent on considering them SRO/Boarding Houses and are pulling back making financing these (if theres any sort of alteration at all) very challenging at the moment Thank you for that information!

They are insisting we sell and be out within 24 hours.I don’t know what threaten means.

Insist on a limit.

Some sold off and are happy, most insisted it was going to hit $100k and now have a monthly payment they can't get rid of until they break even with interest if Bitcoin ever hits $20k again.

They did not answer this nor owned up to it and insisted its the paint but suggested they can pay the $250 now and if in a year the ceiling is damaged again i can pay them back?

@Chris Martin Why do you constantly insist on confusing the issue with facts and excerpts from the relevant state statutes, huh?

Do they all come due on June 1, or July 1, or August 1, and do you insist on year-long leases?

What Drew said.Plus, insist on signed estoppel agreements before closing!

(Part two),,,Now that it's a rental the IRS will take 100k+ if you decide to sell.Put 500k in a Vanguard or Schwab Money market fund, you'll make in interest the same amount you make in rent without dealing with entitled tenants and repairs.If you insist on being a landlord, take the money and buy five places and spread out your risk.

Part of me wants to turn down the application due to the concerns around this criminal history, the other side of it is it is a tough market currently and slow season ahead and insisting on rejecting the application would likely create serious rifts with my property managers (whom I have generally been fine with otherwise) as they are pushing back on rejecting due to criminal history from years ago.