I had a pit bull growing up as a child and used to ride it around like a horse.

All liens come along for the ride.

I would just ride it out.

If I had an early morning flight, would have to call the night before to schedule a ride and pray they actually showed up.

We love hosting and cooking for people and taking travelers on local hikes and mountain bike rides, etc.

If she/he sells the property they can avoid foreclosure and avoid the credit hit (and maybe turn a profit), but what if they try to (or have to) ride it out, and the home is foreclosed on them: 1.

As they are in violation of their lease, various city ordinances, building codes, etc I intend to shortly ride over there and slap a 7 day vacate notice on the front door. 

Look for transitional areas to buy in and ride the equity train.

As an example: I would lend out $50,000 and within 1 month begin to receive passive income ($500/month @ 12%; $625/month @ 15%), with the option to get my money back within one year, at which point I could either: 1) cash out, 2) continue to just "let it ride", or 3) add to/subtract from the principle amount to change the monthly cashflow I'd be receiving at the same rate of return/interest (or negotiate a change in interest rate after the first year).Obviously, I'd need to know that that the borrower is strong; both in terms of their current finances/ability to pay the interest and then the principle back; as well as their business operations/prospects to sustainably keep things going for the foreseeable future.

If you're on the wagon already, it's a great ride.