So, now, you are forced by circumstances to not live in that place anymore, and can't sell, or can't sell without a huge loss, and can't rent, so still must pay the mortgage, dues, fees, asssessments, fines, and insurance and taxes, r&m, etc, on that house, too, you may find yourself in a tragically untenable situation.

If you have losses of any kind...they're not impressed.

In the K1 reports you specific their interest in the company or percentage that they hold and the amount of their profit and loss statement if you will.Let them know that they will get this report at the end of the year and their allocated profit and expense will be included in the report every year.

Is this feasible?

First of all, I'm not an investor, but yet a loss mitigator.

The vast majority of SFRs operate in a loss position from a cash flow standpoint with standard leverage ratios.

Joe would begin contact Big Bank, attempting to locate the REO (Real Estate Owned) or Loss Mitigation departments.

I heard that Michael Vick sold his place to a cash buyer for a $400k loss.

When you consider that operating expenses are about 50% of gross rents, your monthly loss will be about $862 per month!

I get the impression this would be more feasible, and I'm in a position where I could do that as I don't own my own home and am currently renting anyway.