With your extensive background in appraisals and commercial real estate, you're a fantastic addition to the community.

Just make sure you collect more data before making a decision.

Does anyone recomend a Rent recovery service or collections service that will go after a tenant who doesn't pay rent or skips out on the rent and leaves.I have their social etc. and they owe me 3 months of rent about $4500 and trashed the place. 

I have read this forum extensively, ever since I have registered 6 years ago.

I’m just focused on discovering FOR LATER if it’s a criminal offense for the lender (and borrower) to inflate the payoff for the sole purpose of collecting more $ especially now that it never closed and the prior lender refused to even assign me their lien and the borrower had already used some of the money so OFCOURSE the lender wouldn’t send the money back or they’d be out the extra $ they sent to the borrower that was already used. 

Nonetheless, the State Bond Commission approved the funding extension.

Quote from @Yixiong Pan: It's possible, but it's also possible that the tenant will destroy your house and you'll never know.Managing investment property involves more than collecting rent.

The state doesn’t have rent control laws, but landlords are prohibited from collecting more than one month’s rent for security deposits.

We are all familiar with buying or originating a note and collecting  the interest until the notes pays off.  

Low cap rates because you dont have to do anything, just collect the 4% or 5% like a CD at the bank.10% Properties are going to be more involved.