Once unpaid-debt forgiveness AND additional reward is offered, bad actors sense weakness and tend to get even more greedy, spoilt and irresponsible; they expect more and more, and act as if we (LL) are at their mercy, lol. 

You can have a very high CoCR, but after year one the deal can be pretty weak. 

Having both involved gives you the strengths from each and makes up for the weaknesses of each.

You don't want to push too hard, but you also don't want to give him too much lee-way because he may see it as a sign of weakness and try to take advantage of you.

Of course it also all related to time value of money, a concept in which the general public is quite weak on comprehending.  

Stay strong and don't lose confidence, tough times weed out the weak and leave plenty of opportunity for those who can hold on.

Most people stop at the returned mail...WEAK.5.

I share your bullish sentiments and agree that now is an opportune time to invest as there are some covid-related weaknesses in the market that will soon disappear as we return to normalcy after the pandemic. 

You get into less credit tenants, weak locations, small loan under 1 million then they pass and you have to go to local lenders usually where the property is located.

For me the cash flow is a little weak unless you think it will appreciate significantly.