My guess is the value might be too low for the beneficiary to fork over a retainer or even just the court filing fee. 

He is happy to be the credit-score-and-income muscle behind our loans.

Took over, didn't retain their positions, and the expenses magically went down to where they should have been.At the end of the day, I'm not even sure $822k would even be bankable.  

And so almost immediately after graduating college and launching myself into a very modest entry level career, I decided I was going to buy a Ford Mustang Cobra and turn it into one of the “sickest” street cars around…something worthy of being placed on the glossy pages of a magazine.Roughly $17,000 later – mostly financed – I was sitting behind the wheel of my very own slice of raw, American muscle.

I should be paying you a retainer for life advice :)

Other than just selling, if one actually operates a buy&hold property, over time you learn how to retain tenants.Business 101:-  "It's easier to keep a customer than it is to get a new one".

You will need a wrench, a wax ring and a little muscle to save yourself $80.00.

The foundation and retaining walls make it very difficult.

(In light of the questionable global economy, possible interest rate increases, strong jobs report, election year, etc.)What types of properties/areas do people think are the safest and most likely to retain value in the case of a crash or market decline?  

Commercial banks will retain these notes on the books.