That saves the homes that are already in existence and provides residents with the ability to remain independent in their own homes, free from the stress and resultant health and mental problems that accompany the constant threat of eviction.  

105k to purchase and now about 22k to rehab with an ARV of 140k.  LTR intention so an updated CoC return of 9.1% down from 12.9%.  I am assuming 10% vacancy, 10% repairs.A couple things just came up during inspection ...

As they say, “Patience and perseverance have a magical effect before which difficulties disappear and obstacles vanish.”

After we paid him our nextinstallment of $45K, he basically disappeared in July and after reaching out tohim and his wife who also works with him, we've gotten minimal contactback/excuses/delays of when the final work is going to be done.

I also learned that people who did agree to an agreement, started the agreement and then disappeared.

First it's non-recourse so it disappears from your personal balance sheet. 

The US "democracy" is a faint, it's a perception of choice and that curtain has been recently drawn back and literally out-right stated, in relation to why Trump is such a threat as he threatens those prevailing powers who control things, without elections, since '47'. 

Every job your tenants have today will disappear in the foreseeable future.

Maybe I was lucky that I have started investing before information became ubiquitous on the internet.The biggest fear (being cash flow negative) is not even a real threat, because it is manageable and it will fix itself over time.

I dropped the price to $1800 no utilities included I’ve had 3 hits so far one was viewed the property and loved it then when it was time for the background check she disappeared.