First attempt to work with the property owner suggesting they have guaranteed rent whether the home is occupied or not.  

Part of the challenge is that personal guarantee I mentioned.  

I'd take the $400k today over a potential, but not guaranteed $2,500 / month.

In fact, you might get more sympathy as the new owner who is fixing the place up and shouldn't be held accountable for the bank's wrongdoing.All that being said, there are no guarantees that the lien will be reduced.

The best way to get someone to sign is to have a killer benefits presentation (power point) and a cancellation guarantee.  

Have you considered generating a guaranteed net rental income on your property?

Past recognition is no guarantee of future recognition. 

I'm not looking for a guarantee just an average of "what to expect" obviously I'm offering what makes sense as an investor so I'm expecting plenty of people telling me to get lost.

However I can't tell you the number of people that have reached out to me from bp to "fund thier projects that are guaranteed to make money".

Should I purchase multiple condos with my own cash or should I purchase more while leveraging with the banks (day a 25% down payment each time).Positive cash for is important for me because I still want to live off of the passive income.But can we still achieve the same positive cash flow by purchasing, for example, twenty condos with 25% down or is it better just to purchase around right if then cash (to guarantee my passive income)?