-Basically it appears they have run out of money to pay investors back.

Quote from @Devin James: True, but it's foolish to invest without a basic understanding of how to purchase and manage the investment.

Your great credit, cash in checking and savings, and property ready to cash flow are the basic conditions to qualify.

Kitchens and bathrooms are always a good bet, but think beyond the basics.

Estimating rehab costs can be tricky at first, but once you get familiar with the basics, it becomes much easier.

Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.

It's designed to ensure someone nearby can manage things responsibly.Your plan to hire a local person for emergencies and other tasks is a great workaround.

The analysis is targeted to small time DIY landlords with 1-5 properties with minimum requirements to be able to do the following tasks online:  Listing/Syndication, Applications, Screenings, Leases with eSignature, Payment Customization (i.e.

Since I work from home I think house hacking would suit me since I can live on the property and perform some of the easier maintenance tasks myself.

U know when the settlement statement comes in there maybe 1 point but 5k in junk fee's that are disclosed until basically the day of signing as they are not legally bound to disclose all their fee's up front like a NMLS state licensed owner occ loan.