The bank has no control over the AMC's fees either.

And especially in SF, with rent control and urban density, you literally get extreme and absurd situations like a multi million dollar condo literally RIGHT NEXT DOOR to a rent controlled flat where the immigrant inhabitants (6 in a small 2BR) collect recyclables in their back yard.  

Remember you don't have to own a property to control it.

Remember you don't have to own a property to control it.Download BP’s newest book here some good due diligence in Chapter 10.

You control your own destiny.

It took me 6 years of personally owning, controlling and managing real estate before I got a license and could look at buyer or seller with a straight face telling I knew what I was doing.Frank

Also be sure to ask for prepayment penalties (there should be none), fund control fees, and any other fees associate with the loan (besides points).

And after the recent rent control that passed in Minneapolis and Saint Paul many investors are panicking.

Take control of the property, turn it around, charge the tenant for cleaning, repairs, and unpaid charges, and find the next renter.

@Marvin Michel - when you visit Toledo we’d love to show you our office, property management operation, and cruise some of the wiser neighborhoods to invest in!