Quote from @Treza Edwards: No-my tenants pay that 100%You said your tenant's pay utilities 100%, BUT are any utilities provided by the municipality?

And would they be willing to do financing for you so you don't have to pay cash up front? 

VRBO read the messages between us about her viewing the house and sent me the email below:  This email is regarding Case Number: XXXXXXXXXXDear XXXXXXXXXXXXXXX,We have become aware that you may be directing travellers to either contact, book, or pay offsite in your inquiry’s conversations.

Have you had a lot of issues with people paying rent?

I will pay the money if I can do 1 or 2 deals in the next 4 months.

They don’t care because the government pays their rent!”  

If you choose to set it up in Illinois (IL) and then file as a foreign entity in MI, you will end up paying two state filing fees, which unnecessarily increases your costs.

Assuming these are for short-term loans, such as for flips, @Keith Groshans, you could do what we do and let the borrower keep the money and pay everything when they sell the property.

So if you are using that site or something similar you could very well over pay for the home.

I am not able to determine your purpose in posting this, since you did not also offer solutions for the seller or for the investor.The situation does not unfold when the homeowner receives a solicitation, as the article mentions...it begins when they are late paying their obligation to their lender.There is a timeline to a bank beginning foreclosure.