I like being more hands off & letting homes naturally build equity over time through appreciation & debt reduction as the tenant pays the loan down. 

Think about the weight of all that glass and china.

David, I like the ideas of, 1. see if a slight reduction in rent will solve the payment problem and 2. leave all communication thru the PM. 

This move had many anticipating a crash in the CRE market, with dire predictions of banks collapsing under the weight of defaulted loans.

But once again if you know this is coming it shouldn't be a big deal.My experience (specifically from doing Home Inspections) showed that when un permitted work was discovered, the buyer usually expected and received a reduction in SF value and overall value.

Way, way too much of a rent reduction yet she can spend money on a letter to you from a lawyer!?

Within the Inflation Reduction Act that was just passed a couple weeks ago, the IRS just allocated $78 billion to hire 87,000 new IRS employees.

A little surprised by such a drastic reduction from DNC scrubbing.

If you can rent them, then they are a huge money maker.I don't recall what we paid for it, but let's say $10,000 and I use it 75% for biz.So depreciation is $7500 (assume 30% tax bracket, tax reduction $2625) That is a cash inThen rental say about 75 days @ $250/day = $18750Less costs (gas, repairs, service, insurance etc, which will also be a deduction from revenues) = $5,000So Yr1 you are at $16,375 and your machine is all paid for and then some.I don't have a garage so it is parked on the side of the property.

If there were a lender offering terms a mile ahead of the industry, the rest of the industry would have no business, unless said company was horrible at marketing.But I haven't heard of them, but that should hold much weight, as it seems a new DSCR lender hits the scene weekly at this point.