I have bought a few properties from owners whose mortgage was striken off .. because the lender failed to foreclose.. these were in Washington state..

Quote from @Wesley Yu: Point him to the law and how he failed to give you notice.If you want to be nice, offer to compensate him for some of the cost, since it is technically your property.

I obtained an eviction judgment against a former tenant who failed to pay rent in St.

Septic field lines failed forcing me to build elgin system in the front yard and put a motor to pump sewer water from backyard to front yard. 

This should definitely put into consideration and have some exit strategies if it failed. 3.

EARLY MOVE-OUTTenant will be liable for a reletting charge of $2363 (85% of the monthly rent) if Tenant: (A) fail to move in, or fail to give written move-out notice; (B) move out without paying rent in full for the entire Lease term or renewal period; (C) move out at Landlord’s demand because of Tenant’s default; or (D) are judicially evicted.

It's a sunk cost on a low margin business that has 1 path to success and several ways to fail. 

Poor managers fail to do the research to figure out what the market will pay and either under charges to fill the calendar or over charges and fails to get booked.

I have published multiple warnings of the market, and have preached about investing from a position of financial strength for 550 BP Money episodes.Clearly, however, this is not coming through and I am failing if you and others feel this way.What can I do to change this?

My answer would be yes for the INITIAL bill; however, after that they are on the hook because they failed to tell you there was a problem and now 3 months later, they are letting you know.