I’d love to hear how other landlords handle this scenario to stay fair but also protect their property.Thanks in advance!

I know that you know that a wave of foreclosures is not a realistic scenario, because it would require negative home equity on a large scale - otherwise, if you can't make the payments anymore it's just a regular sale.

As far as I know it's the only one of its kind, although I'd be pleased to see any others that someone can point to.We have created a spreadsheet calculator that compares an exchange scenario to doing a monetized installment sale instead.

Keep the common areas, parking lot, dumpster area clean.

Hey Shaun,Yes 90% on either HELOCs or HELOANs are pretty common. 

In my opinion, run the numbers based on the absolute worst case scenario for rental income and the absolute worst case scenario for expenses and see if you can cash flow the deal with that awful scenario.

I’ve looked at federal common law super wazoo trusts. 

I’ve gotten exceptions approved with similar scenarios.

My suggestions for anyone reading this….Before signing a rehab contract: get at least 3 bids, check that each includes detailed line items (materials + labor + markup).Set up the draw schedule: only release payment after verifying completed milestone.Have a worst-case scenario worked out: what if rehab takes 2× time, what if lease-up is slower, what if refinance drops?

It's very common for contractors to charge materials to a job that are not for that job and then keep them for another job.