-LTR we have 60 days to return the SD. 

At this point, instead of continuing to pay the interest loan payments on properties that we will never be able to financially finish since the rehab loans will not cover the actual cost of the rehab, I wanted to know the ramifications of returning the properties to the loan servicer, deed in lieu.

I feel confident we will have it occupied and possibly at a higher return than anticipated at closing.  

I tell the tenant I need an address to return the deposit to and nothing else and I've always gotten an address. 

Over the period of 360 payments a total of $77,665.33 in interest will be paid to the lender along with the return of principal.   

Quote from @Paul Azad: Beautiful property Blake, and great growing area, i drove through a few years ago, amazing scenerey and perrenial vacation spot, would you feel comfortable sharing the structure of the syndication for the investors, fees, projected IRR, or time weighted avg returns etc from a potential passive investor perspective?

They can return the dryer and purchase a gas one. 

@Kris TohovitisI wouldn't recommend using your cash to pay off the mortgage on your primary residence since you can likely get a better return on that money by investing it.What's your buying criteria for the multi-family property?

Main questions would be, how long have you owned this and is there any rental income reporting on your most recent return.

She said "oh a few items will be returned", then she wouldn't give the receipts, and the rest is on my post.