@Matt CamilliereI strongly suggest you not execute on your stated strategy of encouraging folks to take a Coronavirus Related Distribution from a retirement plan in order to invest in your opportunities.A Coronavirus Related Distribution is a means to solve short term financial pain caused by the economic impact of COVID-19, it is not a "retirement plan hack".  

He and his buyers didn't raise issue with inspection, appraisal, or financing despite me repeatedly asking and encouraging communication, yet closing date came and passed while they failed to close.  

I am guessing this is not a distressed asset, but as you move lower in the quality spectrum, your cap rate is less and less meaningful.

@Ivan Guillen Very true and encouraging.

@Kyle Norling thanks a lot for the reply and for the encouragement to check out a boot camp.

This would be used to ‘encourage’ the borrower to close your loan out and move to another lender.

I found enough that I need to slow down and catch up with myself ;) thanks for all the help, support, and encouragement BiggerPockets!!

Self-help, to the extent they can and won't harm their case, is also encouraged. 

@Jeff Greenberg @Brian Briscoe @Brian Burke @Ola Dantis @Frank Patalano@Yonah Weiss I appreciate the wise words and encouragement.

Here are my thoughts:(1)  You can and should write a new lease that meshes with your management style and includes a meaningful late fee.