Bad PMs in bad areas because they suck them dry with fees.

Outfit the space as turnkey for an appropriate business (smoothie shop, dry cleaning substation, etc.) and sell the “business” with a small down payment, receiving a monthly payment for the business payoff + rent/3.

When discretionary spending dries up, travel typically plumets.

-Sauna-Hot Tub-Patio/courtyard (large cement tiles on crushed bluestone with lighting, natural gas line to bbq)-Secondary patio off primary suite-Losing sq feet in the primary bedroom to enlarge the bathroom-High grade cabinets-Appliances with cabinet fronts-High end appliances (Viking/Miele instead of GE Cafe)-Outdoor shower (teak box walls with a dry well beneath the footprint)-Wiring for Cat6 to every room-Wiring for surround speakers (or including the speakers that are built into the walls)-Sonos whole-home audio system-Hardwired cameras (with on-site storage) to the exterior of the house-Smart features: thermostats are a given, but how about light fixtures, switches, aromatherapy, fans ... anything else?

A better market would be dry arid regions like AZ, NV and parts of CA. 

The BRRRR method is definitely NOT the most comfortable way to get started, but it's so worth it and you learn so much along the way.

If not, agree they need to pay you with a different more verifiable method or you start the eviction process.I have had so many tenants with no bank accounts. 

Ive been trying to decide between; flipping a house that's on the market, flipping a foreclosure property, building a spec house or doing the BRRR method.

It's not the ideal living condition, but it's a proven method of investing when real estate is unaffordable.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.