@Chris Morris have ALWAYS seen bad "deals" from rookie wholesalers that really don't understand what they are doing to provide value to the industry.It's getting worse because the real estate market has recovered from the 2010 Crash, yet many are still using tactics & methods developed during this time.Everyone in the industry needs to go back and look at what was being done BEFORE 2010 and start using those methods, updating them with current technology.

I would provide the capital and otherwise stay passive, but hopefully grab better profits than private lending?

Quote from @Roger D Jones: SamEveryone here is providing great points to consider and if you were my son I would say that at 360k this 'dog needs to get put down'. 

Quote from @Noah Bacon: Hi Robert,Stessa and RentRedi provide different benefits and features.

At the same time, dispute the late payments with the bureaus and provide the payment records showing the payments were made on time if asked.

@Tom OchiengI would reach out to a real estate attorney for specific advice on this situation since you already have one tenant who is being difficult.On a side note, when I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.

You need to provide a bit more specifics about the property, about the insights you want, etc.  

It's not illegal provided you're dislosing it to all parties and not trying to actively hid it.

With time and persistence, it can provide the kind of financial freedom many people only dream of.

Some owners are willing to miss out on thousands of dollars just for a chance at a couple extra hundred dollars.