This was taking on suicidal risk to begin with, and it's just going to get worse.

What areas do you find the best ROI on your flips? This topic is up for HEAVY debate. After designing over 100 flips in twelve states, here are the key areas in which we've found the best ROI on flips:1. The Kitchen: ...

Long term rentals are easier to manage and come with less risk.

My advice would be, if you truly want to learn the business, lease it up, refinance, pull some money out, and go on to the next one.

Anyone in business takes risks, but a lawsuit and some other things don't look great.

If you have a chunk of money to get going I'd personally buy the biggest thing you can if you don't I think house hacking into a 4 plex is great. 

I would probably take the risk at $500, but $1k feels more of a ripoff like most guru programs. don't waste your time if they don't meet your criteria there is ZERO chance they will meet this guys.. remember they make their money with you folks dreaming of making money and paying for the dream.. 

This risk is amplified the less money you have attached to the deal.

So, that was a waste of time and money, right?

DSCR loans are not that low and regular hard money loans will be in the double digits.