Send a copy of the ordinance along with a letter to the owner and explain the loss of income being suffered by the nuisance.

Owning an index fund, while it limits the great returns, it also limits the great losses.

Least - I grow tired of tenants sometimes :) And, the weight of it all sometimes seems ominous, but I just remind myself that everything cashflows.Full time real estate is fun - but only if you LOVE real estate.

ORWas this loan bought in bulk and moved to another bank or did your bank go under and the assets were sold by the FDIC in a shared loss agreement??

Far too often people pay for education, whether it be guru programs or coaches only to never complete a single real estate transaction.

It can still go to the secondary market under applicable programs.

I can sell the car even if it does depreciate and I take a couple thousand loss...I can't sell the SL's.

Obviously I want it rented asap, but is there a safe and reasonable way to hold and protect myself from loss?

You could write for use and occupancy on the receipt and i believe this prevents you from having to start the process all over again but she does not have a track record where i feel that you can risk taking a chance with her, cut your losses and run.

I did deals all over New England.I'd be interested to hear if you're walking in with it in-hand or if its being requested when you present and offer and if its being requested then by whom and does it also accompany a deposit.Sorry to jump in on your thread with this but I'd like to know.If its helpful to this convo I don't think we ever made a decision with the client on whether or not to accept an offer or negotiate based on the depth of the buyer's pockets it always had to do with how much the asset was on the books for weighted against the potential for further loss.