A "quit" not "quick" claim is a (typically bad) manner of transferring property.

If they have stopped communicating in any manner it could be they fell in Niagara falls and are lost.

some markets only sustain 80% .. some support 1.5% .. 

Showing effort to get your banker the information they require in a timely manner will set you apart from the many other borrowers that do not. 

I’m running the numbers and thinking the whole traditional method of buying a rental asset and it requiring very little active work, generating significant sustainable free cash flow over a long period of time, does not exist.

With rental property, a well worded rental agreement that requires tenants to report in a timely manner if anything goes wrong is important, including water going where is shouldn't be going.

@Jessica Roland BRRRR isn't exactly a sustainable concept...and it appears you've found out.

So they know some of the rules and options, but may not know enough to do more complex deals in a timely manner.

This deal was made possible simply by reaching out to the seller, keeping in touch over the course of a few years (in a neighborly manner, not as an investor).

Have they had trouble selling, was it inherited, does it include additional tracts of land, or solid construction traits not advertised. 6) Try to acquire with $5k or less down, and payments low enough to sustain long term in case of long vacancies.