You are suggesting to set up the note in a way that will prevent an early pay off instead of encouraging it.

Thanks for the encouragement and happy belated!

I do the same as many have posted: give a longer than required notice (60 days vs 30), mention what a terrific tenant they are and how I've reflected this fact in the amount of the increase, encourage them to call me if they wish to discuss this matter or any other, etc.

If influence points helps "encourage" BP members to post bulletins or comments, than great, I see it as a benefit to us all.- Will Barnard

Thank you for the welcome and the encouragement Jackie!

I'm just trying to point out that things CAN be this easy, and encourage everyone to spend the many months/years necessary to get to that point.If we were still doing things the way we were back on the first couple projects, I'd have given up by now...

After all, it's us taxpayers who are supporting the losses on these properties, so why is FNMA/FHLMC not offering these properties to all potential buyers to encourage the highest price possible and less losses to taxpayers?

Two, if I like their viewpoint on a certain idea or philosophy I often "follow" them.

They won't care, and will encourage it.

Here is my philosophy on rehabbing properties to retail buyers: If I think it needs to be replaced, I replace it now because I will only end up replacing it later and I will waste a lot of time in between.When it comes to rentals, I always try to fix and clean instead of replace.