@Stephen Kunen I’m in a similar predicament here in Dallas.

The moral of this story is its not good times and the process isn't being followed.

Hi @Bryan Morales, I highly recommend reading the House Hacking Strategy.

That's why even going to banks for multifamily deals is still a predicament because they still calculate global borrower financials, whereas the direct shops will look at the docs to make sure nothing shady is going on, but will not calculate global borrower financials.

Fortunately I was able to do some financial wrangling to come up with the money.The moral of the story is that you need cash to get you through. 

As it pertains to the other tenants you met your obligation when you changed the key to the main entrance.I'd venture to say your question about the specific tenant is more of a moral question. 

This landlord also allowed the tenant to revert to a month-to-month lease in case the tenant found themselves in a predicament that they could not continue living in New York or afford the apartment.

We have a moral obligation to care for those in need and I treat my tenants very well, but can I carry their burdens, no.

I want to give all the flexibility in the world but if it comes down to my having to pay my lenders (who I have a moral obligation to pay back as they put their trust in me with their capital), and my staff (who run my business, without them I'm dead), *OR* pay a tenants rent for them? 

I could back out and watch someone else come in and pay full or at least more than I would’ve but then I’m left in the same predicament, in a house I want out of and no rental property.