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Exhibit 16
Hays & Company
July 31, 2000
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Re: Resources Accrued Mortgage Investors L.P. - Series 86
Ladies and Gentlemen:
We have read the statements that we understand Resources Accrued Mortgage
Investors L.P. - Series 86 will include under Item 4 of the Form 8-K report it
will file regarding the recent change of auditors. We agree with such statements
made regarding our firm.
We have no basis to agree or disagree with other statements made under Item 4.
Very truly yours,
Hays & Company
