The economy here was hit hard from the loss of jobs from the Big 3.

Non-compliance comes at a dear price; loss of freedom (jail time), liquidity (fines) and rights to practice business.

So, now, you are forced by circumstances to not live in that place anymore, and can't sell, or can't sell without a huge loss, and can't rent, so still must pay the mortgage, dues, fees, asssessments, fines, and insurance and taxes, r&m, etc, on that house, too, you may find yourself in a tragically untenable situation.

If you have losses of any kind...they're not impressed.

In the K1 reports you specific their interest in the company or percentage that they hold and the amount of their profit and loss statement if you will.Let them know that they will get this report at the end of the year and their allocated profit and expense will be included in the report every year.

Give $ for food/medicine to developing countries.

First of all, I'm not an investor, but yet a loss mitigator.

The vast majority of SFRs operate in a loss position from a cash flow standpoint with standard leverage ratios.

The following figures are rough however this is it:$135,000 gross$ 96,000 this is wages, bills, and the owner's expenses(he uses the bar as a piggy bank) food etc...$65,000 is the actual bar expenses per year if you take out owners use.

Joe would begin contact Big Bank, attempting to locate the REO (Real Estate Owned) or Loss Mitigation departments.