A lot of it had to do with marketing to the MCM, things such as "concierge medical plans", "shared vacation homes", "shared Winnebagos" etc, which really doesn't interest me.But a lot of it had to do with the mindset that got these MCM where they are today.

.- 3,1 - 986 sq ft - Built in 1940 - Rougher Side of Houston, but NOT a warzone, in fact this street is more of an elderly neighborhood, This house is close to MANY of Houston's attractions (downtown, reliant stadium, minute maid park, the Toyota center, Texas medical center, museum district, and about 4 Universities)After my due diligence we came up with the following numbers.- ARV = $82,500 (which was conservative, recent comps for smaller houses came back slightly higher)- Repairs needed = Around $10,000 for rental - (Needs central air, some rotten board on the outside, some doors/sheetrock repair, and painting)We wanted to try to start out with a $10,000 assignment fee to split between us and work our way down depending on what they would take as an offer.

Usually, you'll have to show some reason (job loss, forced move, medical situation, etc.) as to why they aren't going to be able to repay the money.

I have my medical through my wife's employer and it is not a high deductible plan.

I've seen people invest more into real estate training than you could get a medical degree with....

Job loss, medical issues, forced move, or some such.

(His hardship was medical bills.)

If they had some kind of financial or medical hardship then it would be easier.. etc?

My tenants are having problems with their newborn and have to move in with family to afford the medical care.

No one ever takes the time to consider that maybe you had some medical bills, tried to keep things going but lost your job and just couldn't pull out of the spiral.