I've noticed that people on BP tend to favor this approach, but on many other forums people would never cash out for a number of reasons.

I have noticed that some heavy-hitters on here are cautiously investing.

. -- they get in line ahead of the mortgage payments.

In that case, as silly as it sounds, 'making less', even by giving it away somehow, leaves you 'ahead' at the end.

I have noticed there are a lot of investors on here that are from AZ.

Does anyone solicit using obituary notices?

I came out ahead offering more with more back.

Their service guy e-mails me repair requests over $200 or receipts under that and actually sends itemized turnover expenses complete with lowest bids for carpet, paint, etc. as soon as notice is given for a vacancy.

They won't even notice the smell!

You can go a short sale route, might negotiate a lower payoof or purchase the note (covered here on BP) and then have the owner give you the property, maybe with a little cash to them to boot, or wait for the foreclosure.One caution, you can approach someone who is late on payments, but once notice of foreclsoure is sent to the borrower new rules apply.