For feelings of dread I have also heard of that being a gas leak situation, so there are multiple options depending on what the tenant wants to do and what you are willing to do for them.

If you are having trouble getting a loan now, I would definitely not recommend getting in to a situation where you owe a hard money lender a balloon in eight months, that sounds like a HUGE gamble.

I have similar situation.

Has anyone gone through a similar situation and if so how did you solve it? 

What would you do if you were in my situation?

Im looking for a little advice and the next step you would take if you were in my situation.

An issue that has plagued this whole situation is that when my parents got sick they were behind on their mortgage and the bank wanted to foreclose the home.

My thought/worry exactly and I'm actually quite curious what the industry averages are on the practice of keeping security deposits in situations where they shouldn't be.

When you are in a situation where you have to pay closing costs.

In that situation, should I pay any fees to the agent?