So lets assume for a second that there is that loan out there at is a performing rate lower then current rate and the lender does exercise their right to call...I wont buy and transfer title which I have control unless I see at the minimum 25% equity or 52k which ever is greater...

@Michael Quarles  OK mike for a test run here...maybe we can do this as a live exercise for BP and let those interested shadow or follow...

You will definitely learn a lot from this exercise and I recommend all new investors do it.

I, in an effort to get out of constant, repeated field exercises in the infantry of the army's 82nd, I volunteered for mail clerk school.

Any right to buy-out or compel sale of the property shall be exercised as set forth below.1.

I'm actually looking a 20-unit apt complex that going for 1.5M but it needs a lot of work in all of the units so hoping to get that price negotiated down or see if there is a deal that can be worked out with the owner as far as owner finance or something along those lines I want to exercise all the options that I have where I would be able to use the help of others and also have something to offer them. 

As a mental exercise, can you imagine the perspective of an investor that bought a property from you just 8 months prior to that email, had his FIRST TENANT miss payments, lie about making payments, make partial payments, then ultimately skip out on four months rent?

Predicting the future based on the past is an exercise in futility.Also this topic has been discussed ad-nauseam on the forums.

Be gentle.

Use a metal one if possible unless if you are very gentle.