A thought struck me - maybe absurd.If you don't receive the funds from Section 8 directly maybe your PM siphon off money from you?

I just received an email notifying me that the city is going to demo the property because it is hazardous.

So if the can show cash in a bank account is much more stronger having received the money than hearing (they tell us we are getting the money any day now).

So here is a thought I had:If rent is due on the first, and has to be received on the first, couldn't I give the cure or quit notice on the 2nd day?

Carl, in reality there is a limit to anyone receiving another commercial loan.

If the borrower cannot or does not show financials to the lender, or if the financials are not satisfactory when the lender receives them and reviews, then the lender can (and likely will) call the loan due.

The coaching you receive is no exception.With that being said, here is my checklist for coaches/mentors.

it has been over a year since i received their letter of satisfaction and stamped paid note, but the lien is still there. should i ask them to release the lien?

The lender making the loan and receiving the deed of trust for security does NOT "own" the property as you stated, you do.Secondly, you are asking for $50k on a property worth $65k at best per your numbers which is a LTV (loan to value) of 77%.

choose the person you want, and they will receive an email notifying them that you @mentioned them.You can also @mention your colleagues even if they are not in this thread.