Industries that operate here cover the gamut — from healthcare to film to technology – and keep Atlanta’s economy stable and protected in the event of any industry-specific slumps. 

Get cash in hand and keep the security deposit approach as a backup to protect those funds for any damage caused.Court would be my last resort. 

Is there a check list or something that people commonly use before giving a loan to be sure that they are protected from common issues? 

All you have is equitable title, and the property no longer has any equity due to the lien.I realize this may be a very rare event, but do you do anything to protect yourself/your investment of time and effort from this kind of scenario? 

I have been fortunate to have a couple of great partners, and having things in writing is especially important in maintaining relationships that are already good, in addition to protecting yourself.

@Jake Barney — you’re suffering the same problem that a lot of people experience in expensive or overpriced markets.The problem is that rents have not kept up with price growth.

Sometimes HELOC appraisals aren't to the detail that some loans require.Keep in mind the point of the appraisal in this case isn't to put a market value on your house as much as to ensure the bank's protected if you default.

You'll forget how much you suffered and it will all seem like a distant memory as your walking to the bank to cash your hard earned money. 

Is there a tax deduction/protection strategy for a 67 year old to hold a note on a capital gains tax?

I wanted to pick anyone's brain that is familiar with this new law Cuomo signed into the Statewide Housing Security & Tenant Protection Act of 2019 and the Housing Stability & Tenant Protection Act of 2019 (the Acts).