Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

However, this approach might add complexity, such as additional tax filings, self-employment taxes, and administrative costs.

Is this a good approach, or should we look at a different shade or finish?

However, there are strategies and approaches you can explore to make this process smoother.If your PML is hesitant to fund directly for auction purchases due to the risks, consider structuring a partnership where the PML becomes a joint venture partner.

LIke Remington financial and such. this one is very sophisticated in their approach etc etc. 

@Miles Hobson Does this seem like a good approach?

A broker approached me last year to do a loan on The Bank, but it wasn't Ellis. 

I would take the same approach myself. 

What we found missing in the research was the personal, approachable, and available coach to immediately answer our questions or concerns based on their learned answers shared experiences.

I had trusted the wrong people, but I will invest again now with a more money orientated approach.