Maybe he does file a nuisance mechanics lien (whether he can and precise procedures) will be dependent on local law.

. - What is your PMC charging for Tenant Placement?

It is precisely because of that professionalism and because of how obvious it is that Clayton cares about providing his clients a positive experience and delivering on the promise of single-family homes for wealth building that I would choose to work with Morris Invest in the future.If there is anything that the BP community can take away from this thread and from Tyler's experience acquiring his first property through Morris Invest, I hope it is that despite a few bumps in the road and a hell of a lot of doubters along the way, Tyler ended up with exactly what Morris Invest marketed to him: a cash-flowing property!

We're worked with similar organizations or placement companies that help tenants in need from various situations (e.g., domestic violence).

So true and 100% agreed with you bothLost my A$$ almost every time I touched something not RE related lolwhat really happened here is beyond typical "RE guys" investing into "non RE".This is outright investment on unregistered private placement that' usually can only be done to certain highly accredited investor because it's super high risk in its nature.Here's more information on REV's financial position :Financial Challenges:As of early 2023, REV was reportedly exploring restructuring options, including potentially filing for bankruptcy.The company had allegedly paused payments on its debts, estimated to total around $200 million.Revenue and Losses:In 2022, REV reportedly had revenues of about $60 million but losses of around the same amount.This was a significant decline from 2021, when the company had revenues of $150 million and losses of $90 million.Recent Developments:In May 2023, REV's backers acquired its IP portfolio, allowing it to avoid bankruptcy.The assets are now owned by a new company called Omni Retail Enterprises, which acquired most of REV's assets in a transaction that closed within the last 90 days of the report date.Portfolio Changes:REV sold its stake in Tuesday Morning in May 2023, which it had acquired through a $32 million investment in September 2022.Usually with unregistered private placement, the advertisement of such product should not be made public by LAW.

Strong property management and careful tenant placement also play a critical role in success here, so I recommend partnering with a turnkey company or an agent who specializes in these areas to make the process smoother.As for rental demand, homes that sit for extended periods are often the result of issues like pricing, condition, or tenant quality—not necessarily a reflection of the market as a whole.

Precisely!

You will see that many property managers request this for liability coverage.To put into perspective--we charge $1,250 for tenant placement.

Are you looking specifically for insurance placement companies or corporate housing or a mix?

If your PM is handling the furnishings/decor, then I would not worry too much about the placement.