That the costs of this situation are so far in excess of the security deposit and last months rent it is just crazy.I'm assuming if I do manage to get it cleaned up and rented out in time before the last month expires that I need to return the money to them.

I've stuck with my current lender on this one, it doesn't seem like there is any other way to get a lower rate at this point in time in the process.  

I've stuck with my current lender on this one, it doesn't seem like there is any other way to get a lower rate at this point in time in the process.

The apartment is in the northeast and its relatively cold right now so thats probably a plus from a mold/mildew perspective.At this point in time there is no noticeable water damage to the ceilings or walls, but the question is what is lying behind what the eye can see?

You will be pleasantly surprised how other seasoned investors are willing to share their mistakes to help you avoid the same pitfalls.

I was pleasantly surprised to hear your tenant actually switching over to an epay service like avail.com You did it!!

I work with Reggie at Pleasant Funding.

If they don't pay in time with the written payment agreement then its past due rent and you can evict as you would for unpaid rent.Cheers!

@Sasang Doc That is a pleasant situation to be in.

Your information came just in time.