So far, we only had to use the funds once and it was due to a fraudulent stay where the whole stay was charged back anyway.

It could turn into an administrative nightmare and fraudulent transcripts produced by some creative college students wouldn't be a huge surprise.

I'm not sure I can at the moment as I only have about 50k cash (soon to be ~130k, but I don't want to be gambling away inheritance).

The Borrower has a right to their privacy and is subject to Fair Credit standards.BTW, obtaining a credit report to review the first line history is also a gamble.  

I would do it again but it was a gamble not seeing inside of house etc however it selling tommorow and it cost attorney fees, for mediation and that's about all that was extra since was an ejectment and not eviction.

You can cheat/gamble when you've got the cash and experience and still want to, but I wouldn't recommend it on your first one. 

I'd much rather invest for a 1% rule with the help of people I know and trust. 2% rule is not worth the gamble, if you don't have a team.

Most of the HOA bids I see, where the mortgage foreclosure has not started, or recently started, equal 1 1/2 to 2 years of rent....doesn't seem to be a good gamble.

And actually the business that I bought the services from, (zurixx) got shut down by the FTC for fraudulent practices so that alone is enough evidence to let you know that this is a $30 service with a $70k pricetag.

This may be a tough one to win unless you can prove they did something shady or fraudulent.