While I sympathize with your family’s situation, I have no soft spot in my heart for people who bought rental property without considering if they would cash flow positive in the near term.
And now, from what you said, are trying to collude with their fellow landlords to have their tenants absorb the losses? I hope tenants move out of the neighborhood in droves and leave the real estate “investors” to hold the bag.
A little due diligence would have kept away any savvy investor in the past few years. In fact it seems like there are quite a few people here on Piggington that are waiting for properties that cash flow.
