@Damon AlbersSounds like these properties are in a class c area and your manager is not doing a good job vetting themBut this is not out of ordinary for c class rentals which is why people look at cash flow and be like wow but one $5000 bill can wipe out 4-6 months of rental income and properties never make money and rarely appreciateThis is why we do not do lower class rentals as stated cash flow vs reality are typically not close

Mind you, I had completed appraisals, credit pulls, and all other tasks that they required.

They usually do not have these figured out, I mean sure, everyone wants to 'make money', or ' own 10 properties in 3 years', or (my favorite) 'replace their W2 job in 5 years'.....but they have not thought any further than those basic (and misguided) goals.

Enforcement comes after the job is done.. you screw it up your going to get fined..

Heck of a job keeping all the paperwork from 22 years ago. 2 realtors and an inspector and none of them knew an old house or deck would be up to code?

I can't post a link, but check out Wink News or NBC2 website.The interesting thing is early in the day I was talking to a CCPD officer about a thief from a soon-to-be ex-Blacktip Construction Group job site, and she was asking me for information on R2R, Beattie and BTC.  

@Eric Jones - Amazing job being patient, I'd have given up after 3 tries.  

Today we are economically diverse and showing job growth in several sectors.Having said that, I am not an economist (or a fortune teller) so these are just my thoughts after having gone through the Great Recession and knowing how housing-dependent we were then.Melanie

My job has steady income, but no W2s and no pay stubs.

They have other nice benefits also such as not charging for appraisals if the deal doesn’t close, a great reputation amongst local listing agents with meeting deadlines/ great customer service/ getting the job done with no b.s. and they can often close in under 14 days.