Also, they are painfully slow to respond and they will always have an excuse as to why they don't have to have someone there for a day when it is critical.

I wanted this to be more of a discussion of how other people proved themselves to banks and how they solved growing pains like this.

@Bill Bell , I read some of your posts, feel your pain.

Wanting to gauge the investor psychology...

Also can take a while to build your team and that can be painful cause you usually find the good ones from dealing with the bad so if you start small with just 1 it will be easier.

Taking pills in this country is a huge problem as people are masking the pain and not getting to the root of the issue because they do not want to face it.

I'd say Shane is right, with #1, stay put and accelerate your payments, and work on refinancing the property so that you can get out of it without a the pain of losing 40k or the huge hit it is going to be to your credit.If your condo is on Rio Del Mar, VBRO (AirBnB, Short term Rental) might definitely be the way to go.  

I prefer negotiating first for possession under the lease, while we may have discussed buying, taking possession is first, then we reach an option at a price.Much is the psychology of the sale too, the buyer wants in first.So, how do I explain this to a judge (investors need to think in those terms in every deal they do, before they do it!).

I'm hoping the deep discount to FMV will provide  buffer enough to attain that goal.I'll be re-reading all three of your posts several times and making checklists for future purchases.I'll keep everyone informed of progress.I hope we get out of this intact (financially and psychologically)  :-)Thanks again.

Sometimes it's a pain.many tenants can be a pain.