Scenario 3- '120 Sunny St'; completely boarded up.

Include a master rent roll that details rents collected and outstanding balances for every unit.A monthly review of aged accounts receivable reports will help you spot potential patterns early, allowing you to modify your leasing strategies before things get totally out of control. 3) An Uptick in Resident Complaints Residents deserve to have a consistent and efficient way to report maintenance issues.

Be sure to try it in a little spot before spreading it out

Since the location on your posts indicates you might be from out of town/state, here's a very recent article that goes into some detail on the current redevelopment plans, and timeline, for the movie theater near the property you're looking at: http://www.c-ville.com/new-owner-says-downtown-regal-to-reopen-as-dine-in-movie-theater-next-fall/#.VGjO38lWmngUp until the Stonefield development opened almost exactly two years ago (late 2012) with more screens, stadium seating and IMAX, the Regal downtown mall theater was pretty much the spot in the greater Charlottesville area for the dinner-and-a-movie crowd. 

You're borrowing money when the money is worth more and you're paying off the loans with cheaper dollars.So, in general, yes, your thinking is spot on...though if it ever got as bad as that guy was claiming, things would probably be more complicated than that...

My name is Ben Wakefield, and I live in El Segundo, CA which is a little suburb of sunny Los Angeles (right by LAX).

The next logical spot is to own a million, simply equity in excess of 1m.  

If you can take them to a warm spot on your website that talks a little about you so they can put a face to the letter.

@Jimmy ChinHI JimmyYou can send a threatening certified letter from your attorney telling him you are going to seek someone else to finish job and he will be billed for work.You are in a tough spot, and I bet most people on BP have been in the same predicament, including me.  

Hi Patron@Dev Horn's info is spot on.