They are going to have to to compete with the rest of the country.

After you do it to the 1st, the rest see the writing on the wall, and you are back to the situation above. 

Two new 40 gallon ELECTRIC water heaters (the house is electric only, was mistaken in original post) to rest on a composite pad/pan and in a stainless steel metal enclosure attached to house. 

Of course some lenders will be still lending, but rest and be assured credit policy will undoubtedly shift as we try to find the new norm and equilibrium in the market place.Further, operators with large cap-ex may have difficulties meeting their deadlines.

I shred the rest of my returns after the required holding period.

You won’t know what they will require you to do until you apply.I’ve been a building official for years.  

Wave any late fees and ask if they can at least make a partial payment (say 50%) and the rest can be deferred for up to 3 months interest free.

Examined the rest of the leases and one other tenant had this in his lease as well (total of 1800$).I was not credited by the seller for these amounts (verified in the CD).1.

Pay those monthly then distribute the rest of the cashflow to the owner either monthly or quarterly. 

The rest of those properties are new construction and way over my budget (starting at 450k).