Danko (Author)It’s people who live a fairly conservative lifestyle and while they own  mundane type businesses or work professional type jobs (or high paying blue collar jobs) put aside a good amount of income for investment.  

TIA :)  You can have a great plan but if you can't properly execute it, it won't work.

Take ownership of your mistake and learn to do the proper due diligence recommended above😊

It’s always you should change your lifestyle so they can keep theirs.

The reason I made the move to invest outside of my town was because it would force me to treat it like a business and find a proper PM instead of dealing with handymen and call outs etc.

Make your decision to hold the property or just take the hit and unload rhe property.I'm sure the master class got you pumped up to jump in with both feet, but I hope they spent time on running the numbers and doing proper due diligence.

If you have a properly written power-of-attorney (POA) authorizing you to manage on behalf of the borrower, then you should be fine.Here's what we've done:1.

Yes I did send the proper notice regarding imposing a claim on the security deposit to the tenant's last known address, but not to the LLC at a different address. 

Proper underwriting and due diligence (DD) processes are essential to ensure that projects maintain a strong risk profile while still delivering attractive returns.

I live outside the USA so that my money stretches further, I have better food, better lifestyle and I am out of the rat race in the USA.