As far as I know the bank just reaches out to a 3rd party company for the appraisal.

If they do NOT want to exercise that Right, then they can "sell their share to an outside party" IF the majority votes to accept that.

Nearly impossible to make a profit with 3rd party management.

@Anthony Wick I'm in the same boat.

The requests were handled expeditiously but in both cases a part is required to repair the item that has taken a long time to come in due to COVID.

I’m in the same boat, keep punching in deals to see if they cash flow for you and your plan.

His income, verified, will cover everything; however, the lease that we have signed already states that he, the "Resident along with the following other Occupants: *None* being all the allowed andauthorized Residents and Occupants of the Premises" as well as my hard pass on sub-letting: "This Lease may not be assigned by Resident nor can Resident sub-let the Premises (including temporary or vacation rentals to third parties)." 

@Joseph MahI was in the same boat as you a few years back.

All parties on the original lease need to sign the amendment.

I understand the sense of safety and security a paid off house brings you, but frankly I’d rather have a mortgaged house and a boat load of cash in the bank.