Because GAAP says it's not (by omission).You can make a personal judgement call that being able to close in x days (sometimes) is liquid for you personally, or being able to borrow against it quickly is liquid (for you).As far as Real estate being a "Liquid Asset" which is a defined thing--it just isn't.Liquid assets are very precise things, and over the years, what they are (and what they are not) has held steady--Real estate is not a "liquid asset".Common liquid assets include:Cash.

(sic) "5 and 4 5 years options" (we'd be more comfortable with 15 years) "the lease to be transferable in case i sell the business in the future" (we don't want to be stuck with an unknown new tenant) "maintenance outside on you guys and insaid on me exept if rain insaid you guys will take care of it" (we're okay with this) "i am not too comfortable with idea of yearly increase if you like we can do like mr ron said - 2 percent time 5 that is 10 to 12 percent every 5 years total of 50 60 percent incease in the and of the tearm" (we want 3% per year or a CPI adjusted annual increase) He is a good tenant.

Now setting up a HELOC (preparing for rain, right?)

You will need to be specific---what is the nature of you bad credit (do you no credit/not enough credit, judgements/collections/liens/late payments, etc.).

It's awesome but then I have to remind myself, come the fall and especially November through March, the "weeping rain" and no sun for months will be upon us soon. 

Being the summer time in Florida we get a lot of rain and ants start to pop up a bit more.

If this pit bull lawyer makes clear he is going to be collecting market rent back to the start of the tenancy, the tenant may decide to cut bait and agree to vacate in order to not risk a judgement against him that will result in him owing a lot of money.Good luck

We must follow the Revised Code of Washington (RCW) or we risk judgement against us.Pay Rent or Quit is a 3-day notice for us.

Holds up really well in the winter rains to.Have had the property for over 50 years and it works fine and tenants have never complained. 

If you can get a court date for the owed rent soon, when they don't pay the judgement you may have an easier time enforcing against them since you know where they live right now!