All that first place needs is a life sized Thomas the Tank Engine.What an impressive kids destination.I'm glad it's not my neighbors house though (re the noise). 

My general impression is that the process is slow. 

You can't take an authorized occupant to small claims court or collections, but they are also easier to swap out. 

Wait, in your 2nd post you said they didn't collect a deposit? 

We encourage and motivate lenders to compete, getting our clients the best rate and terms, by collecting multiple offers from lenders.

It seems like MF syndication's value would go down if occupancy or rent collected decrease. both can happen in a significant recession. only if the break-even level is low enough then you can weather the storm.  

Property managerAlthough collecting a leasing fee may not seem glamorous, it does put you in the middle of a relationship with potential future buyers and sellers.

Also collecting money on the side is unenforceable. 

Refer to your Lease.Of course, it is rare to actually collect any $$ on judgements that you win.

There are even escrow type companies that will collect monthly payments and pay underlying mortgages to ensure buyer is protected as well.