The bond is fully predictable (if held to maturity) while the REI return depends on a lot of factors.

In the new lease agreement they have a Hold Harmless Clause mentioned several times that states that they will not be held liable for past payments for additional sub leases & not getting approval for such leases.

if the SPX cant hold its long term support line that its held for years now, things could get interesting and I might put my seatbelt on.

Nobody wants to be held responsible.  

He and I have often discussed how much more money would could have potentially gained if we have held onto the props and leased them as opposed to just rehabbing/flipping.So here is my dilemma of sorts. 

http://carportco.homestead.com/index.htmlthese guys do commercial and residential metal carport covers at what seem to me to be reasonable prices even w/ freight charges. 

The LP's (our investors) are held harmless from lender action, lawsuits, etc. 

They still got inside but the point is the deadbolt held up.

So, I think if it is a neighborhood with high rental demand and limited supply, there's no problem, at least there was not for me personally.BTW, prices in class B held up much better than class C in my market also ... so naturally being the opportunist that I am I picked up more class C rentals at fire sale prices, and then sold out of them when things recovered for a nice payday ...

3) Does the answer to (2) depend or not on whether or not the full $100K was not only hypothetically available for disbursement, but was in fact held in an escrow account as claimed by the lender rather than his general operating account?