Someone renting their luxury cabin for $150 a night isn’t necessarily an irrational investor: If they bought the place 15 years ago for one fourth of today’s prices, and the home is paid off, $150 per night might make perfect sense.

You need to stay in control of the relationship.In addition to the Happy Clause mentioned, the word "no" is a perfect response.

I am sure that Rentometer will work perfectly in many areas (maybe even most areas), but I am not going to risk investing 6 figures on a property without "knowing" the rents and comparing the properties myself.

He said that was perfect, 70% LTV right on the ,math.  

lol Perfect example, guy goes to tax sale for a couple years in a row buys a bunch of stuff, 4-5 years later everything that didn't redeem he just stops paying on it and lets it go back to tax sale.

You do need to follow the process perfectly and specific to your city and county.

It's a "perfect storm" of factors all hitting together. 

If you pay perfect and don't change the insurance the servicer might put you at bottom of pile of concern.

I don't think there's a perfect course out there with all of the information you need.

This type of situation is perfect for single parents, persons looking to supplement an existing income, or retired persons who want to stay active and involved.