Call it what you want, I call it common sense.I'd love to keep arguing, but I've gotta go hire a few dozen people so that I can fire them and then blame them for it. 

Also, consider living BELOW your means as you clearly overspent on your primary residence which is a common scenario unfortunately. 

This is a fairly common situation.On whether you should "let him go" or not, the question is, are you going to hold him to the terms of your lease regarding early termination or release him without further rent or early termination obligation. 

I think it is common to analyze deals and see negative cash-flow, BUT what are you analyzing?

Already a co-owner of  single family home with shared common space and bedrooms rented to individuals.  

Like in MS its quite common to transfer title that way and title is insurable in other states your right all the quit claim did is release an interest . 

It's common when you do these water payments that a few will pay the rent but not the water bill in protest.   

Essentially a land flipper is actively seeking out properties to buy for a bargain and then aggressively marketing the piece of property to turn a profit.The flipped land can be sold for cash, but more commonly, flippers make money by offering the buyer financing and allowing them to pay the land off over a set period of time, with interest.

Is such a Finder business model common?

Under the $100k property example, something as common as having to replace the sewer line will put you under water and you are more likely to have to come out of you personal reserves to cover operational/cap ex expenses or debt service than in my $6M loan example.Remember cap ex and operations are normally more easily absorbed in the A location assets.