My main concern is that logically, it would seem that most of the bookings would only happen on the weekends, and less demand on the weekdays.   

I found a great deal that cash flows in the Brookside Park neighborhood but am concerned about crime and appreciation in this area.

Their lavish lifestyle at our expense caused this to happen. 

it is your property; they vetted the tenant (you said so yourself) i.e. background check and even so, that doesn't guarantee nothing bad is not going to happen, they werent the ones that caused the damage, and if they vetted the tenant as you say they did, they did their part.

The one in the basement is my main concern.  

While jobs are an issue, this added stress is going to cause wall-street to move into safety (bond market) and this will bring down mortgage rates.

Very bad advice.Appreciate the concern, and you're right, improperly recording a memo without following proper channels can lead to legal issues.

I do appreciate you concerns and insights.

Why are you concerned about the owner's loan?

Responding to the Attorney LetterYou don’t want to ignore it—that can invite escalation or a claim you were “unresponsive.”A short, neutral reply (preferably from you or a property manager or lawyer) is usually enough:“We are aware of the concerns raised.