What we have learned is that most people avoid these properties entirely, which allows us to purchase them at a significant discount.

Don't agree one bit with that statement and Im getting a feeling that most people in this thread are inflating the struggles I've been facing.

I wish people would stop writing articles calling it a loophole.

Ineffective or Absent Conflict Resolution ProcessEvery successful group of people needs an effective conflict resolution process characterized by:simplicity to understand and remember;quickness to start and complete;a clear vocabulary.My company, Livingsmith uses and recommends the 5-on-5 Process for conflict resolution in co-living homes.2.

People should stay away from investing in Japan!

I would closely monitor your competitions pricing to see what is working for them.Vrbo has built in tools to monitor when people are searching for specific dates.

Providing relocation assistance to tenants, for example, if I want to sell the property or move back in - this can range from one month's rent to thousands of dollars (e.g tenant has a disability, minor children, elderly it will cost you more), depending on the city.

We make people take photos of themselves holding their ID and then I also meet them in person for the showing - at least for my units on the NW side of Chicago.I've never heard of these testers, but I am not surprised. 

👋It’s a pleasure to join this community and connect with people passionate about real estate.

I get a lot of applications from out-of-area people, typically moving from another state.