Quote from @Wilson Pereira De Oliveira: I didn't know about this rent control limits in Berkeley.

There is no such thing as "cruise control" in student rentals.

Accept whoever applies" is an idea that would cost you a bucket of money in the long run.Bankruptcy is usually a "no" unless it appears to be a one-time event caused by something out of their control such as a massive medical bill or a business failure. 

👍😊 Hi Richard,If you can see a way to somehow get control of these assets and then recoup some money for the shareholders, please let me know. 

You will also find pest issues in the attic.4.

Chimene Van Gundy carefully crafted a public persona as a successful buyer and seller of mobile homes before a judge appointed a receiver to take control of her New Braunfels company and she filed for personal bankruptcy last month.But during a bankruptcy proceeding Thursday, she couldn’t recall any particular deal she did to get people to invest with her or that led to her becoming known as “the Mobile Home Millionaire.”

Quote from @Yemisi Dinkins: As a property owner, I would never sign a Master Lease because I would give up control of the property so someone else could profit from it.

I come from the world of 100-500 unit properties where this was not the case and every property had it's own separate accounts that we controlled as the owners, but now having been owning and managing 1-80 unit properties for 4+ years, trust accounting is the best way to do it. 

I looked up launch control, batch leads, and a couple of others.

In CA currently only MF properties are rent controlled.