You have to look at the big picture.

Sometimes you win, sometimes you lose.The guys in the picture above, are two sets of partners discussing how one guy borrowed money from both of them without any of them knowing he was borrowing from multiple people, then he ghosted them all.They comment on how much work it was to track him down and prevent him from closing on a transaction unless they got paid back.

There's a to unpack here - preparing the property, pictures & listing, finding a management company, taxes, regulations for the area etc.

A solid exit plan reduces the risk of default.Check Their Liquidity: Even experienced borrowers can run into trouble if they don’t have reserves to cover unexpected costs.

They come in with fancy spread sheets, break downs, proformas or cool looking power points with pictures and graphs.

They completed the review of the voucher on December 3rd AND REFUSED TO COVER THE TENANT'S RENT FOR NOVEMBER because they didn't have LMHA permission to move in.We had a home pass inspection on December 20th and still haven't received permission for the tenant to move in (January 3rd)...the tenant just had to pay for an additional month's rent at their old home and we are out another month without our rental occupied, incurring carrying costs, and risking vandalism.

If it does and you can't rent your house traditionally without covering $1,000 a month in costs, and you can't sell because the value isn't there, then you're in a pretty frustrating situation. 

If it's a wholesale deal then once you find the end buyer, their funds would cover the initial deposit.

Everything from business structure to how to find buyers to fill slow flips is covered.

No one can explain how this happened and it was recently surveyed 3 weeks ago with the measurements in the attached picture.