Check this link, Indy SFR Proforma, for my attempt at a proforma on a random SF property in Indy.

Quote from @Jackie Liu: Hello BP member, I have a friend who currently owns several SFH rentals that is currently managed by a PM in Indiana, according to them the PM has been unresponsive for 3 months, all their attempts to reach the PM has been uneventful (phone, message, etc.).

There are many ways to attempt to collect your loss:  file a small claims complaint against them; get a judgement so you can garnish future wages/bank accounts - and the judgement will be recorded in the credit bureau. 

As far as I know, they no longer do arbitrage after losing a significant amount of money attempting to make it work. 

lol, bro, he's been involved in an attempted murder twice in the last 6 months.

Definitely follow the regulations in the area and if permissible I would offer to attempt to find an acceptable tenant and terminate their lease when that happens but in the meantime they will need to continue to pay.

As a property manager, it's crucial to understand the nuances of these fraudulent practices, recognize the signs, and implement strategies to mitigate risks effectively.Understanding Rental Application FraudRental application fraud occurs when a prospective tenant provides false information on their rental application in an attempt to secure a lease.

You started with one listing and ended up with a listing and a handful of new buyer clients.Trying to market to buyers without listings is like trying to chase down bees one at a time in an attempt to get honey.

Daniel attempted to get on the phone with me to “save” the deal and defend all of their processes as well.

Some I’ve dabbled in as hobbies, some were full blown business ventures that I attempted to grow and failed.