Thanks Steve  I suspect there are only a handful of us on BP that recognize Chelan and where its located.. the best kept secret in all of the US in my mind..

I will tell you, increased ROI in a market upturn = increased negative ROI in a market downturn.We all know that leverage can increase ROI but many who believe in this fail to recognize how the inverse relationship works. 

Lender: Ana Kehoe I recognize that home.Good luck!

Just recognize what it is and then let it go. 

Also, if your loan was conventional; Fannie Mae recognizes the legitimacy of a QC between the mortgage holders and the LLC so long as the LLC is controlled by the borrowers; If the property was owned prior to closing by a limited liability corporation (LLC) that is majority-owned or controlled by the borrower(s), the time it was held by the LLC may be counted towards meeting the borrower’s six-month ownership requirement.

While I'm familiar with the 'dont over-improve' concept, I also recognize I will have this condo at LEAST for 8ish years, and while I own it, I do not want random crap going out on me.

The issue is that most syndications are structured as LLCs, which are not recognized by the Canada Revenue Agency. 

I do not give them move in gifts.I do discount rent 10% on the 13th month to recognize tenants who paid on time every month for the past 12.

However, you have to recognize your financial limits and be able to sleep well at nights, which will eventually impact your "safe" W2.

I somewhat blame your real estate agent for not recognizing this, but at the end of the day you're held accountable.