One thing I think is important.. is to realize there is more than one kind of mortgage debt.. its not all owner occ debt. which everyone posting above is talking about and the most risky if not done right.Commercial debt is a different animal while you have different borrowers the red tape and how you treat a borrower is far different and more investor friendly than owner occ debt.. you still have risk to BK  and waste of the property.

Do not expect them to care about appearances, upkeep, damage to the property etc.Obviously these characteristics are not 100% all the time but expect them just the same.

Also, your comments on Section 8 tenants and the eviction process emphasize the importance of effective property management and tenant screening.While Baltimore may present challenges, it's crucial to remember that every market has its unique characteristics and risks.

Hi Tyler,Emergency contact name on application--call the number and ask.If the units has pets set a BIG baking pan of water on the floor with some Purina for them, and check back on them every few days to make sure they have food and water.If the renter is deceased, ask the Emergancy Contact if they want to keep any pets, else (keep them yourself) or contact a "No Kill Shelter" to have them re-homed:  https://www.cincinnatimagazine.com/article/looking-for-a-pet-start-at-one-of-these-no-kill-animal-shelters/Good Luck

You get t use the old "that is company policy" line, LOL.Land development is a different animal than holding a SFD, so is construction or flipping, so your business needs should be addressed for the strategy you follow. 

They are two different breeds of animal. 

Keep in mind that although you may be forced into accepting the animal, it doesn't mean the animal can do damage.

@Duane Alexander Some ways I've helped people in the past start building credibility is characteristic testimonials.

If the owner sees a trend, or is just animate about upping the 2% - they make an offer of renewal and the tenant has two choices. 

An over-funded policy design is an entirely different animal.]The Guaranteed Rate is not a real number.