And REOs are notorious for being non-assignable, so students most likely didn't assign to the company.I don't think there is any magic about the Ohio deals I looked at... older properties, low price because of extensive rehab required, REOs, property with high DOM, in the rust belt, ... leper properties.

I doubt the companies you mentioned above (both good) probably would not go to that extent, but they could.I have had borrowers or lenders (buyers and sellers) die, get divorced, go bankrupt, default under every loan provision, become incapacitated and even go to prison!

Credit unions are notorious for having bad and incompetent underwriting and process.

People need to go to prison for this conduct. 

Said it was like a prison with all the rules.

PG and Baltimore city are notorious for taking forever for an eviction.

Mini splits are notorious for leaking at the joints if not properly installed.

I was in prison for stealing cars and drugs and my partner for attempted murder and we are both changed people with wives and children and big houses and millions in assets.

If something horrible happens (like your handy man who you have given the keys to all the properties rapes your female tenant (you didn't know he just got out of prison for rape) (no insurance coverage for you by the way because intentional torts are uninsurable) you will lose everything you own.

Hey, I was recently released from prison and looking to invest in real estate.