Usually the numbers don't work to build in these neighborhoods, unless government tax credits, etc.Do you see the problem with your two statements:"The turnover costs could/will be high"and"How much more damage could they do?"

Rents go up and mortgage stays the same aka they cash flow more and more the longer you hold even with a mortgage.The above statement doesn't hold nearly as much water when you consider taxes and insurance in many parts of the country.

If you give your co-living home a name and vision statement, then tenants will take pride in their house and prospective tenants will be able to self-filter.4.

You get a proof of funds letter, but most entities won't accept it because it doesn't show bank statements.

Your estate agent and the title company should be having them pay any unpaid water bills upon closing - this should be shown on the settlement statement.

Next, to call SubTo "no risk" is the pinnacle of ridiculous BS statements.

When you make statements like: "Our “moral code” is different than yours because yours has a strict guideline dictated by law."  

They wanted to see the cash in a bank account or statement.

Keep in mind that when wanting to do this with a mortgage banks first want to see substance and at least one yearly balance statement.

In the thread of a conversation, statements may be made that are fine within the context of the conversation, but may not reflect well or accurately when the snippet arises within a search engine or other index tool.There may also be information that I/we are happy to share with the BP community, but not necessarily with the Internet-at-large, especially any details about our specific properties or business practices and processes.