It is very interesting to see different ways to skin a cat!

But like I mentioned before, the numbers have to be right for it to work and there's more than one way to skin this cat.

They have more skin in the game then you do.Make sure you get clear title.

I am a firm firm believe in building a track record and having your own skin in the game before seeking the help from others.

If you like me to connect you two, just let me know, no skin off my back. 

There's more than one way to skin a cat.

Most lender have some "skin in the game" requirement even on seller financing deals.

As they say, they are different ways to skin a cat.

About a third end up modifying (and the more skin we get in on a trial payment plan or modification, the higher the success rate) and the rest end up giving the property back because they've already moved on.  

I guess it all depends on your threshold for pain - if you could really talk to this guy and work things out , then it may be salvagable    - perhaps he just got though dealing with some major life issues and took it out on you - just remember - this guy is living in your property and you have to keep dealing with him on a regular basis - the property management industry can be better defined as a "people management" industry - so it may be good to learn how to deal with these type of situations so that you can get a thick skin  - personally , having dealt with problem tenants and with ideal tenants - I would choose the temporary loss of replacing a bad tenant with a good one any day of the week, cause there is really no way to quantify the piece of mind that comes with having and excellent tenant vs the anxiety of dealing with someone unstable