Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

The management company replaced some of them, however there are still several other fees related to the theft that we are trying to get reimbursed for (they told us we would not be charged, they charged us anyways).

.- If you build a good/great portfolio, you will have multiple exit options you can evaluate annually or whenever.3) Don't overleverage beyond your risk tolerence.

Tenant had some risk items such as extension cord going from outside to inside which invited an inspection.

Here are some general guidelines: Lien Position1st Position LienEquityMinimum Down Payment of 20-25% (a 30% equity to sale price is preferred)Down Payment made in certified funds and not borrowedMaximum Funding of 70% ITV (Investment to Value)SeasoningMinimum of two monthly payments already made12 months or more preferredPayer CreditCredit Score of 650 or higherNo major derogatory trade lines (No 90-180+ days delinquent, foreclosure, repossession, bankruptcy, etc.)No decline in credit since purchase of businessTermsPrefer 60 months or lessMaximum of 72 monthsNo Balloon Payment preferredCash FlowBusiness has positive cash flow1.25 debt service coverage ratio preferred.DocumentationPersonal guarantee from a creditworthy individualStandard documents including Note, Security Agreement, and UCC-1 filing.Tax Returns on the business that substantiate profit and loss statements.OtherPayment history current and verifiablePayer Interview indicating buyer is satisfied with business and comfortable making paymentsMotivation for selling the note is not a result of a deteriorating businessConsideration of high risk businesses or geographic areasIn these situations, sometimes a partial is a better option. 

It will teach you so much, has the best financing options, least amount of risk, and will let you know if you want to be in this business or not. 

Btw, the buyer is in no way at any criminal risk vis a vi the lender, he has no contract with the lender and therefore no obligation to the lender.

You should also verify whether the lease agreement allows for ownership transfer without landowner approval.Owning the trailer means assuming responsibility for lot rent, potential removal costs, and liability risks.

Similarly, if you put several Class D tenants in a Class A 4-plex, what do you think will happen to the property?

Quote from @Amir Khan: Quote from @Nathan Frost: Quote from @Amir Khan: @Nathan Frost I don't have AMEX but do have several business lines of credit with other providers.