My questions, that still haven't been answered, are the numbers for taxes, rent, and insurance to see what the CF might be (+/-) after the buyer gets the end loan to carry with.Also, I agree about the cost of rehab, and the lack of wiggle room if this was to be a flip. 

see Facebook group:Norada Capital Default Notice:If you are one of the investors, please see Facebook page with agencies and links to file complaints !

This lack of accountability and poor customer service has been unacceptable.Overall, I regret choosing Nomad Lease and would caution others against using their services.

If they are otherwise a good tenant, I would put them in touch with some local rental assistance agencies first.

In any case, "rental arbitrage" is almost 100% done because the lessee is broke as a joke and couldn't muster up bus fare home, so they use someone else's asset in order to cover for their lack of resources.

To do this, they can go to the appropriate administrative agency or court in their jurisdiction.SO, get a good Real Estate lawyer, not all lawyers do real estate.

I'm surprised to see you're a moderator because it seems you lack some reading comprehension.

We took over a project that had stalled due to lack of funding to continue rehab.

They focus on selling boutique coffee, for lack of a better term, where the margins are much higher.  

@Matt OwensOut-of-market investment provides affordability, diversity, and greater returns, but it also involves managerial issues, a lack of local expertise, and travel expenses.