You can't beat that deal.

It got so bad I had to stand up, look him straight in the eyes and tell him to F off or I was going to beat his ***.

Simple answer as to pros/cons:Pros: easier to get approved than conventional without your personal income/employment/taxes/assets/DTI being evaluated, i.e. lighter paperwork and more flexibility, usually faster too.

Or I could just take my car to a mechanic and they will fix my car faster and for less time & money, depending on the exact problem.

You also want to educate yourself about a market before entering it because many deals look good on paper, but the area's occupancy can be at an all-time low.

The reason I am offering this is to make a sale easier and close of escrow faster for a potential purchaser.

I would look into joining your local REIA, you can't beat in person networking and knowledge to the area that you are looking to invest in.

As long as the income covers the loan payments, you can continue adding properties to your portfolio, helping you achieve your real estate investment goals faster.3.

And legal action is clearly agreed as one that will be at tenants charge, so all those lovely legal fee's and court costs, the attorneys add that along with attorney fee's to the amount in suit against tenant. 

So to me its dead for the one off or investor that cant compete with local guys like these that really know the market have all the contacts and frankly they have me who closes deals within a matter of a few days so they beat many of their competition to the deals..