Hi Bracken,I would highly recommend reading David Greene's Long Distance Real-Estate Investing if you havent done so.

Yes your advice aligns very well with what I read in David Green's book on Long Distance Investing which was very helpful.

I've had success simply informing the tenant that I plan to involve a collections agency as a next step if they don't pay what they owe.

The process is pretty simple, but it does involve extra steps compared to a traditional rental.

Found out that everything the way it has played out and the details I have dug up on the tenant this is part of a an elaborate scam and includes a circle of people involved.

With over an estimated $300 billion of extremely delinquent debt yet to be liquidated to the secondary market, there is a a lot of opportunity to reposition these loans, keep folks in their homes and make a very nice profit for all involved. 

This can involve a lower down payment and flexible repayment terms.4.

House hacking involves partnering with a partner or co-investor to manage property, while real estate syndications involve pooling $35,000 with other investors to buy larger properties.

Meaning if there are partners involved, are you compensating your self for the time you are spending on management?

I populate all my own mailing lists, which typically involve only motivated sellers (high equity, divorce, probate, foreclosure, tax foreclosure, etc.).