I would use that as a last resort.

If theyre just going to send you a portfolio booklet or send you to a website of all their listings tell them to pound sand.Yes it's vitally important to know who you are working with, and have the history of the players involved.

Unilaterally enforcing lease terms should be a last resort not a first choice in many situations.

U either drive the cashiers check to the Trustee and redeem or you have a courier take it there.in Practice when Northwest Trustee in Seattle was the big player we had a Courier drive it up and it helps to be on first name basis with the gals that work for the trustee like we were.

If you are dealing with a local market, you can press harder on them to get things done and show them you are a real player.

I was seeking even better returns.I invest in and syndicate RV Resort Campgrounds and also Build to Rent multifamily communities.RV Campgrounds can deliver much higher cash on cash (12-15% average) and you don't deal with tenants since it is mostly transient, like a STR at a MF scale!

Again, maybe this makes sense for bigger players where the time input is worth for their 10 properties.

@Shafi Noss Thank you...I've looked into Gap funding as a last resort...lol

However, this should be a last resort as it doesn’t take into account specific characteristics of your property.

Hi Michael - I live in North Myrtle Beach now in an area called Barefoot Resort.  25 years ago, one individual, who happened to own a small, 7 shop strip mall on the beach-side of the intercoastal waterway known as Barefoot Shoppes, crossed the waterway to acquire 2600 acres of, well, nothing.He brought in Dye, Norman, Fazio, and Love to build four golf courses, and we now have 4000 residences between single-family homes, typical 3-level multi-family, and three towers overlooking the waterway.