What if either goes bad.A bad turnkey and there are plenty out there as we know  if they go bad one generally loss's a portion of their investment or gets super frustrated with the performance or lack thereof because they invested in a high return HIgh risk TK environment..

You unfortunately will probably have to live with the lessons and the loss.

After three years of saving every penny I could, I made a mistake in the market and took a massive loss.

Also if one is reading Here PM STR "audited financial report", their actual profit loss statement is negative for all their 2022 properties, even in rural properties it is negative single digit cap rate (bought for 1.5 mil and rent for $400/night with 40% vacancy).

The pain of going through an eviction and facing potentially large losses and legal costs is far greater than a month of vacancy to wait for a better tenant.

This is completely unrelated and has no bearing on the top but...Income from selling drugs is taxable income.IRS Pub 17 - Chapter 12 Other IncomeRight between a blurb about how you have to claim gains but can't claim losses on hobbies, and how Indian Fishing rights are handled...lies this gem."

Appreciate any help in advance.Background Information: I purchased a 9 unit multi-family property under my LLC (partnership), which generated a net real estate loss for the year 2014.

Liability with loss rents, vandalism (in case your tenant taps to electrical to grow weed), if you don't have your property in an LLC then get a nice personal umbrella policy.

Should I ask her to send the ATRI form to the lender's loss mitigation dept herself or should I send it on her behalf?

So, with this disclosure – I am a co-founder and CFO of SureDeposit, please note:1) We do indeed look for a 1,000 unit minimum size for client participation, although we make exceptions from time to time;2) Loss limits are an integral part of the program (in reply to DeuceSevenOff).