Good luck to all of us = )   Actually I'm a partner with 2 other seasoned note investors and we have our own Reg D equity fund that buys 1st position NPLs and RPLs with a preferred return and profit split to our investors.

Profits are much better and less of a hassle than dealing with short term/ airbnb. 

@Sebastian Tamburro you're going to get advice/offers from numerous people trying to profit off you - be careful!

I think the business has pretty thin profit margins and they tend to take on too many units, which results in the quality going down.

If I assume a 2% rate of rental increase for 15 years and 50% rule for expense, we will have $7.5K/month net-profits in 15 years.- Split 50:50 between real-estate & stock market. 

Non-profits and/or sober living operators may also be interested, depending on their needs.

This helps assess profitability.7.

Excuses mean more profit.    

Which profits can than be utilized to carry forward into the then "good" MFH acquisition timing of things. 

We are able to profit a whole lot more because we don’t pay a property manager.