Even had a condo burn completely down because a tenant left a pot on the stove.

Triple net is attractive at some point as a very passive, if modest return, investment. 

Now if I was to talk to the 2nd and 3rd and they agree on settling for 1/2 of their position on the property it would look like thisDelinquent amount and 1st remains the same2nd $ 27,0003rd $ 12,500Total $ 217,500I could sweeten the pot and offer $ 100,000 to the owners for the keys bring my grand total to $ 317,500Comparable sales as of 2-4 months ago is low to high $ 600,000.

Now if I was to talk to the 2nd and 3rd and they agree on settling for 1/2 of their position on the property it would look like thisDelinquent amount and 1st remains the same2nd $ 27,0003rd $ 12,500Total $ 217,500I could sweeten the pot and offer $ 100,000 to the owners for the keys bring my grand total to $ 317,500Comparable sales as of 2-4 months ago is low to high $ 600,000.

A third option would be for each of us to throw more money into the pot.

Being my first deal, I really wanted to sweeten the pot to get him on board with the investment.

I also asked the realtor what the bank's minimum net is, he said he doesn't know but will try and find out, I don't think that will lead anywhere.

Dumb pot dealing tenant!

You have to sweeten the pot to the tenants to get them to consider this otherwise they will stick to the original layout of the lease and renewals.

I plan to stir the pot quite a bit with my panel for both Title II reasonableness and Title III.