What should an owner of a building care about how people eat food? 

Situation: Owner who took out a RV- Reverse Mortgage back in 2007 originally thru Wells Fargo passed away recently in 2023. 

@John Currey yes in simple terms you simply send a check to the lender (former owner) or to his or her loan serivcer. 

What lenders offer heloc on a rental property in Brooklyn NY?

Private equity owners = renters lose.   

If it were me, I'd look at rent rolls and if there are issues with tenant paying on time or consistently not paying, I would consider having the current owner/landlord take care of it before I closed.

Those who I've found to be most successful in the single family rental business are investors who acquire homes in markets that experience appreciation and lead to re-sale to an owner occupant.

The owners (landlords) have run out of money to make the mortgage payments and of course, that creates a problem for the owner.

Some other supposedly housing-related bills that will end the housing crisis, signed into law by Governor Nuisance:AB 12 by Matt Haney (D-San Francisco) – Tenancy: security deposits.AB 84 by Christopher Ward (D-San Diego) – Property tax: welfare exemption: affordable housing.AB 281 by Tim Grayson (D-Contra Costa) – Planning and zoning: housing: post entitlement phase permits.AB 318 by Dawn Addis (D-Morro Bay) – Mobilehome Residency Law Protection Act.AB 319 by Damon Connolly (D-San Rafael) – Mobilehome Parks Act: inspectors: conflict of interest: enforcement actions: sunset.AB 323 by Chris Holden (D-Pasadena) – Density Bonus Law: purchase of density bonus units by nonprofit housing organizations: civil actions.AB 346 by Assemlymember Sharon Quirk-Silva (D-Fullerton) – Income tax credits: low-income housing: California Debt Limit Allocation Committee rulemaking.AB 434 by Tim Grayson (D-Contra Costa) – Housing element: notice of violation.AB 480 by Philip Ting (D-San Francisco) – Surplus land.AB 516 by James Ramos (D-San Bernardino) – Mitigation Fee Act: fees for improvements: reports and audits.AB 519 by Pilar Schiavo (D-Los Angeles) – Affordable Housing Finance Workgroup: affordable housing: consolidated application and coordinated review process.AB 529 by Jesse Gabriel (D-Encino)- Adaptive reuse projects.AB 548 by  Tasha Boerner (D-San Diego) – State Housing Law: inspection.AB 572 by Matt Haney (D-San Francisco) – Common interest developments: imposition of assessments.AB 671 by Christopher Ward (D-San Diego) – CalHome Program: accessory dwelling units.AB 812 by Tasha Boerner (D-San Diego) – Housing development approvals: reserving affordable units in or near a cultural district for artists.AB 821 by Tim Grayson (D-Contra Costa) – Planning and zoning: general plan: zoning ordinance: conflicts.AB 894 by Laura Friedman (D-Los Angeles) – Parking requirements: shared parking.AB 911 by Pilar Schiavo (D-Los Angeles) – Unlawfully restrictive covenants: affordable housing.AB 976 by Philip Ting (D-San Francisco) – Accessory dwelling units: owner-occupancy requirements.AB 1033 by Philip Ting (D-San Francisco) – Accessory dwelling units: local ordinances: separate sale or conveyance.AB 1114 by Matt Haney (D-San Francisco) – Planning and zoning: housing development projects: post entitlement phase permits.AB 1218 by Josh Lowenthal (D-Los Angeles) – Development projects: demolition of residential dwelling units.AB 1287 by David Alvarez (D-San Diego) – Density Bonus Law: maximum allowable residential density: additional density bonus and incentives or concessions.AB 1308 by Sharon Quirk-Silva (D-Fullerton)- Planning and Zoning Law: single-family residences: parking requirements.AB 1317 by Wendy Carrillo (D-Los Angeles) – Unbundled parking.AB 1319 by Buffy Wicks (D-Oakland) – Bay Area Housing Finance Authority: housing revenue.AB 1332 by Juan Carrillo (D-Palmdale) – Accessory dwelling units: pre-approved plans.AB 1386 by Jesse Gabriel (D-Encino) – Veterans housing: tenant referrals.AB 1449 by David Alvarez (D-San Diego) – Affordable housing: California Environmental Quality Act: exemption.AB 1474 by Eloise Gómez Reyes (D-San Bernardino) – California Statewide Housing Plan.AB 1485 by Matt Haney (D-San Francisco) – Housing element: enforcement: Attorney General.AB 1490 by Alex Lee (D-San Jose) – Affordable housing development projects: adaptive reuse.AB 1508 by James Ramos (D-San Bernardino) – Department of Housing and Community Development: California Statewide Housing Plan.AB 1528 by Mike Gipson (D-Los Angeles) – Housing authorities: property taxation.AB 1620 by Rick Chavez Zbur (D-Los Angeles) – Costa-Hawkins Rental Housing Act: permanent disabilities: comparable or smaller units.AB 1633 by Philip Ting (D-San Francisco) – Housing Accountability Act: disapprovals: California Environmental Quality Act.AB 1734 by Reginald Byron Jones-Sawyer Sr.

I'm an agent but I also have been making a lot of creative offers for myself and clients these days – I've talked to owners that never heard them.