Investors made offers to other investors to be bought out at 75 cents on the dollar (pretty normal process in trust deed lending - either stay in the deal until the end - or get out now at a discount.)

If it’s possible, I’d love to connect with someone who has done it or knows the ins and outs of the process.

Next step - DON’T overlook key inspection items: sewer scope and radon testing.✅ Radon is a radioactive gas that is released from granite into the soil that is known to cause cancer, and can leach right into your home.✅ Any home built before 1980, likely has cast iron or clay sewer lines which will deteriorate over time.These issues can be avoided.

I though the benefit of having this membership structure was to cancel the subscription (eviction) without have the traditional lengthy process.

.: Whats the process to put these people in collections ?

If you fully understand the process, the potential for profit can be considerable but if you do not, it can be bad - real bad.

Consequently you either sell to the least qualified owner occupant imaginable, likely pay 6% seller assist, get crushed through the home inspection process or come to the conclusion going through that process 4 times is not worth the hassle and find an investor to purchase the homes as a package at a discounted price.

I'm in the process of completing my first BRRRR and though I know the money is sitting there in equity, it's hard to watch the money leave my account!

Write out clear SOPs for every process, hire great team members, and hold them accountable.

Which is easier to deal with than a non paying tenant.Once they're gone, you'll need to tighten up your screening process or find a PM to take over.