The release clauses matter and the lender should maintain a level security interest by releasing one of the properties, but not do something crazy instead.

I have seen portfolios of celebrated over-night-success investors and when you look under the hood it's not pretty.

We have not had a problem throughout the years with released criminals find a place to live.

@Shannon WoodwardIn the year of sale ALL of your losses attached to this property are released, regardless of income.That said, I can't agree with your sentiment that you would not sell the property otherwise.

It's basically where the GC and the Subs need to provide all the required documentation (e.g. lien waivers, warranties, manuals, as-builts, etc.) before releasing the final retention payment.

@Ramon Mota Each state has their Specific Final Lien Waiver/release forms which you can find in the state statutes. 

There are people on a waiting list waiting for each house get released and the house is “auctioned” off they pick the strongest offer.

The key is to make sure the buyer and seller sign off on the escrow release.

If you receive the notice, make sure you get both partial (as you go) releases with draws and a Final release before/when making final payment, both from all subs you know of/can identify, and the gc.Some jurisdictions require you to file/record some type of Notice of Commencement so that subs/suppliers have the proper legal address for these notices.....if you fail to do this, their “clock” to start the timelines for their required notices/liens never starts.

You typically want partial releases from all subs, starting with the second draw (they get paid after the gc gets their draw typically).