All it does is tie its hands.If this is a situation with a new money junior lien requesting a foreclosure forbearance in advance, this might cause the senior concern that the borrower is becoming unstable and the senior might look to exercise a due on sale or encumbrance clause in its security instrument.

Then (most of) the only people left renting are very financially unstable.

I was sold a turnkey multi once in my early days that was packed with unstable stooges that had zero ability to ever be stable.

Tenants who can afford to live in a houses or townhouses, won’t go to an apartment to deal with loud neibors, dogs barking, no elevators, quarrel about parking etc.Most often apartments house the lowest part of the Tenants: criminal record, unstable income, low or no credit etc.

As in he charges too much for rent, downtown maintain the place, doesn't screen tenants properly or is it just an area thing where people that rent there tend to be unstable / move around a lot? 

I mean for me if the tenant base is that unstable who wants it anyway better things to invest in.

However, but most people that end up with their kids a 2/1 in Stockton are either 1.) in a transitional unstable period of their lives (divorce, job relocation, getting away for some other are or situation), or 2.) not very good at making important live choices altogether.

Whereas their principle payment first few years is around $3500 a year buying into a market that is unstable and momentum shifting downwards.

Thanks for the opportunity to work with you on this deal, but the real estate market in that area is to unstable for us to lend in.I may know someone that may lend over there, can you remind me of you credit score, and numbers of flips done in the past 2 years?

A review of the foreclosure file for this property revealed that the owners, who inherited this nice property in a very nice area, let it go into foreclosure because they had been informed the property ”is now an unstable home and would not be fit to sell in its current condition.”