The borrowers that tightened their family's belt, got second jobs, used savings or got a loan from a family member were "rewarded" for their sacrifices, in order to honor their commitment to the lending contract, by being denied a mortgage modification. this is in accurate there were millions of mortgages modified that were current I had a few of them along with many investors I know.

They both work (as long as you modify them), and it really depends on what everyone else in your student housing market is using. 

That being said, the scenario you provided isn't quite the same, so I will slightly modify it here to make it more similar, in order to demonstrate a point - counterpoint discussion, as this is a thing where right and wrong aren't always precise and clear.As a young man, you are dating that beautiful girl, and you decide to let her go (you have the cash in hand, but decide to pay down the mortgage by giving up the cash).

Some would use that to argue that supply side doesn't work.But, remember, supply side theory calls for a strong dollar policy, which we definitely had during the Clinton years, so what Clinton did wasn't really the opposite of supply side -- instead, it was a modified supply side, just like Reagan and Bush used.

G thinks that he should spend his foundation's dollars on attempting to modify the system, instead of "helping poor people".

If you are confident a contract is good for a certain type of deal, and you do that type of deal over and over again, it may be perfectly OK to modify the relevent terms of the same contract over and over again.

Do I have to modify the lease trough legal means to become the payee?

Lot shape plays a big role in redeveloping a parcel or how a building can be laid out or modified.

Does anyone have a generic one that I could modify?

New roof.Questions and Concerns:The non-residential lease I had them sign was just a modified residential lease.