A cheap house may look great on paper, but the reality is far from that. 

My 0.88% rule on paper has turned into losing $300 to $700 a month with repairs called in by tenant on Class C#1.  

They stated that the “market rent” came lower than expected and tried to tell me that market rents in the area justify $1300, which that’s just what I “accepted” on paper from the tenant.

A paper trail allowing them to see what work was done while also seeing who did the work will deliver more polished products and accountability from all parties.

I tried having her read Rich Dad Poor Dad, I tried explaining on paper, none of it seemed to work. 

Subsidizing tenants and helping the government out for a while, until they will throw the towel in.

The numbers look good on paper but reality can be very different.

If you plan to originate and sell, to get yields into fair market territory, you'll be discounting your paper, meaning that your margin on the home will need to be high enough to absorb the discount and still produce a better return than just outsourcing the lending process.

Class C cash flow on paper in reality is losing money each month. 

I'm not sure he is still there, but he is using his own LLC to rent it and cover the paper trail.