We shall see if they make the interest only payments on time. bit of advice FWIW don't charge massive interest on money they owe you .. when deals turtle up your goal is capital preservation.. so just go for your principal your much more likely to get your borrower to pay just principal  then trying to load them down with additional huge interest carries.. this could very well end up in the same place you are now.. the PG is worthless unless they have SUBSTANTIAL assets that you are aware of and can tag a year or more later after you spend thousands litigating.. 

If they sell to owner-occupants, which is likely, that removes those rentals from the market entirely and, again, reduces available housing for the renters who desperately need it.We are on the Cusp of Massive Rent ControlIf this ballot measure wins voter approval, investors with property in California are on the cusp of what could be a massive shift toward rent control.

Of course the other massive difference is the diversity and size of employers in Chicago, which I think is absolutely critical to Detroit experiencing continued growth by drawing other industries to the city.Great thread 

They will save you massive amounts of money in taxes, because they know the finer details of tax law specific to real estate.

There's a massive difference between "Detroit" and "Metro Detroit".

I've already got a large rehab on my hands, so I'm not looking for something that's going to add massive time and oversight.

. $800k wouldn't massively change my life.

I've found a massive, commercial septic tank that I am considering converting to a STR.

Not sure if anyone has had success doing this with big SFR in this area, but i've heard of people having massive success doing this in other markets.

Austin Texas is hot right now, I have some friends who move from silicon valley to Austin and the state is experiencing massive price surge.