You created a wonderfully attractive and versatile plan and then adopted to make the best use of what you created.  

@Brenden MitchumFirst of all, I love your mentality as it's very close to the way I think. 

Of the conforming loans, the conventional is probably the most versatile.

I don't think it makes sense for you to send out one letter and expect that tenants won't talk among themselves, but I also don't like gang mentality, wherein the tenant could have come to you directly and said "I can't afford this increase, can we settle at 5%?" 

Look at us, we have a population that is in poor health with every 2nd person presently or soon diabetic, wide spread poverty, a level of crime and gun violence like no other country on earth, we managed to make education FOR-profit leading to massive student debt and universities being richer than small countries, if you travel a bit you can see that our infrastructure is worse than some of the ******** countries we look down on, our health care system is F'd up beyond believe, our food is one of the unhealthiest in the world, we are consuming ressources at a level that nobody can match, we are addicted to buying cheap crap nobody needs, have a dispose everything mentality, meanwhile our population is less happy than most of our peer countries.We just got back from visiting my family in Europe and after we landed at OHare and sat in a dirty, beat up shutte bus getting us to the parking lot over a cracked concrete road, garbage on the side of the road, power lines hanging everywhere, my US born wife shook her head said: I can't believe how run down and ****** everything is here..The US is a fantastic country and I have chosen to live here for a good reason, but we really need to get our head of our you know what and start thinking about where we want to be a few decades. 

If the idea of having outstanding debt is mentally draining it's great that you could easily pay it off and just give yourself that peace of mind. 

It seems the mentality is someone needs to pay more money, so it might as well be real estate investors.

He's been in the hotel industry his whole life but was let go from his job back in May and is struggling both financially and mentally as a result.The problem is just like everyone else in his position, he wasn't prepared. 

Lending/consumer mentality is not back to its old subprime ways, but its starting to push in that direction.  

The same mentality can be applied here.