To hedge against recessionary effects an investor needs to look at products and services that are more necessary for society.

If you are not willing to visit the property and/or it is not cost effective to do so, then IMO you should be offering it for sale asap and trying to recover what you have into it.

So, as a GC, you not only can, but effectively MUST sub out the work for these trades.

Do you have the tools to address those needs?

Not saying they can't seek a full payoff, but the justification to do so will be harder, and I'd bet they won't, especially if the interest rate on the note is higher than the current rate.Later on, you can do a sub-2, effective when the mortgage is paid off.See your attorney, then call the bank back.....good luck!

This is how you "buy at the bottom" effectively.

In my experience, mentorship from a qualified mentor is nearly 100% effective.

Here in CO, the lender files a "release of lien" document with the recorded that releases the loan and effectively negates the DOT.

If you are tech savvy, my title company offers a free a tool that I have (but candidly rarely use).

ie... non refundable deposit if they decide not to move in or something to that effect...