Have a clear budget and stick to it.

Why move the house . just cut a section off .

Are most of those gurus just selling courses/cutting a fee on top of an agent?

Think about how these fees cut into capital gains! 

As long as you express the key details of tenant information, lease dates, along with any standard information to vacate, and clear language of "non-renewal".

I think you've definitely helped me get clear on my direction.

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

I'm unsure if that rule still exists, but it’s clear they want dialog.And yes, @Scott Mac and @Joe S., I fully agree with your comments about appreciation.

If not, cut bait and offload risk.

I had a non-performing loan once where a borrower would do a deed in lieu, but there was a deceased co-borrower, and my attorney required me to go through the foreclosure process to clear title.The borrower knows you’re foreclosing and does not contest the foreclosure and “turns over the keys” to the lender.