Fails the BS test, smells like occupancy fraud.

There's a balance between what's good for the seller and what works for the buyer.If the buyer can't afford the payments, they've been set up to fail.

But moreover, not charging and application fee is more likely to get you people applying who, well, umm, know they would likely fail one but why not apply since it's free?

The weightings and note rates will matter a lot here.

3 years ago when I first started my REi journey I thought I could do everything myself I’m big on DIY… (I did just that, I launched my first rental just like most of yall *BP,Youtube,books, I literally didn’t know what a mastermind even was , few months into my journey I started to feel stuck and couldn’t get the answers I needed. ran into a few of Jesse’s YouTube interviews and I was hooked on MTR (Travel nurses was topic during this time) I tried doing it myself and failed countless times and I wasn’t sure If I was even heading towards the right direction. 

As of the date of your post, you have violated California law by failing to mail an estimated or final disposition within 21 days of move-out.

We even went against the lessons this approach gave on one property and that property failed as a MTR (I was right, my wife was wrong on that one).

But you and your siblings are risking all their money if you fail to make the payments.

.- I get what you mean about knowing your market, but we are all nerds here at bp while the average person is just trying to get into real estate or make some moves to help their financial situation so when they see an "expert" say something it carries weight.

I hired an inspector referred by PGW and it failed due to it not being up to “Code”.