Quote from @Connie Kirkpatrick: Quote from @Jay Hinrichs: Quote from @Connie Kirkpatrick: Quote from @Caroline Gerardo: Not registered in Delaware https://icis.corp.delaware.gov/ecorp/entitysearch/namesearch... not NMLS licensed in any stateNot registered in Florida https://search.sunbiz.org/Inquiry/CorporationSearch/SearchRe...8 The Green, STE 4000 is not an office- it's a virtual mail address you can get for $11 a monthhttps://www.trustpilot.com/review/builderbanc.com some of the reviews appear to be from ownership but all are pretty low 2'sDo not give them an upfront fee of any sort.When I discussed with  my client, he wanted to give it a try, got the same angry reply. 

It has a certain risk, but historically has been low risk.  

Am I wasting my time and insulting the sellers offering that low? 

Today, many of those rentals sit vacant as the market is trying to determine the new low for Calcasieu Parish, Louisiana.Numerous FOR SALE signs in front of rental properties across this region of Louisiana.

Low property prices evidence this.

That neighborhood has low inventory, but very high rental demand and the tenant class is typically pretty solid.

This includes but business and personal filing and I’m curious if this is high, low, or right in line with what others are seeing.

Especially since on a 1-4 unit property you can get low down payments, 3.5-5% down.

And you're right, with our low default rate and the lower price point on 2nds, buying them back is certainly an expense but not a major one.

For low income (especially multifamily) I would recommend that the landlord take care of all maintenance.