Not the end of the world but could be reason enough to not renew, also may not be a bad thing, just need more info.Just keep in mind you can't talk to the tenant about collections, late rent etc....while they are in BK.  

In a nutshell, buyers waived contingencies but then asked a 4 months escrow extension which was given against a release of the earnest money.

At a minimum, work in an extension after the 5 years is up that will allow you to keep the seller financing in place for 2-3 more years if that is the case.

Thank you Chris davidson for the reply it makes sense its really about building your net worth for later right instead of having one paid off its better to have more doors in your portfolio in turn they are being paid off by someone else and you are collecting the benefits thanks again

I know I'm missing certain small things like garbage collection, maybe I'm a little low on property management too, but even with an extra like 400 taken out, 700 dollars per month seems too good? 

And it went downhill from there.I am very intimately familiar with being both a landlord and a property manager, having done each role extensively at different points in my real estate investing career.

How best can we connect collectively?

Stop and think about the difference between investing in either single family homes or multi-unit properties where you tenants stay an average of 2 years, you only need to collect the rents once every 30 days and maybe 1 or 2 times per year your tenant has some sort of maintenance issue like their water heater or garbage disposer goes on the blink.When you invest in airbnb's your cost to furnish them is higher, your cost to constantly rent them is higher, you may have 50 to 100 different tenants every year and you need to clean inside and outside every unit every time a guest leave.

@Wesley Mullen unless those matched funds have some lengthy vesting period AND you know you wont be at the company to collect them, always take the match.

What is the best form of collecting rent from long distance tenants?