I also obtained certification in mitigation for foreclosures, short sales and tax sales for Global Equity Lending and American Home Lending.

Mitigate your risk and pass on this applicant.

Since the crash of 2008, property has been the asset of choice for investors looking to make returns. Regardless of stock market turbulence and currency crises, the value of property, and the returns available for inv...

From what you are saying, the location and situation might make it worth you working things out to stay and mitigate your risks.

This group helped to learn the steps of risk mitigation, wealth  and real estate opportunity assessment hence gave me the tools to put "fear" under control.Like the say ....

You still look good on paper (cash flow), you can still pay it off in 15 years if you want, you have risk mitigation if the market goes down, and banks like to see profit rather than losses.

Now that I pay for the materials I've mitigated that happening quite a bit and I either pay for labor on weekly draws based on work completed or sometimes in thirds. 

Risk mitigation is essential to successful investing.

The 37 day before foreclosure sale date to submit a loss mitigation application is long gone as well.

I agree with some of your concerns, but if you structure your lease term from August-June, you could mitigate the vacancy and still receive rent for 11/12 months, with one month to turnover the rental and complete any improvements that are needed.