But if you chase BS spread-sheets and BS cash-flow #'s from BAD quality asset's, buying yourself a reoccurring operational expense....

When you do this set a Google reminder or put on your annual reoccurring calendar to change the battery out each year.

Because this is a reoccurring theme I hear. 

I could be wrong but remember, AHP isn't collecting payments on those assets which is reoccurring revenue or if they pay off.

Tiffany, a lot comes to mind, the biggest thing for me is how to prevent it and how did this happen, but without having a back and forth with you (DM me and we can do a Zoom for free of course, if you want bc I love DIY property management), I'll just throw some things out here:- I recommend having a flat late fee and a daily reoccurring fee (this needs to be in your lease and permissible in your state/city).- Have a conversation and be the concerned helpful person with no agenda.

I am sure most go in a creative situation since most relies on repeat customers and a few have that reoccurring revenue that lenders love seeing. 

I would absolutely miss the cash flow aspect of it though, getting re occurring income every month is definitely something I weigh in not to sell. 

A lot of banks allow you to set up reoccurring electronic payments so you can just set up the rules!

Plus you get reoccurring income off of it rather than a one time profit.  

There is a partial grading issue in the back but I'm at a loss as to how to prevent this from reoccurring or what type of professional would be handle it.