Quote from @David Mancia: My Name is David Mancia, and at the end of last year I finally took the plunge and decided to contact RTR to buy my first out of state property, and I was contacted by Ms.

That leaves me with 5% to come from my own pocket.

This doesn't come cheap--these folks were making high six to seven figures depending on volume.We focused on lending to professional real estate investors--so our customers were frequent repeat borrowers. 

So, comps can help with figuring out local cap rates, then you need the income from the property to determine a value.

Was it indeed just locked, or did the latch mechanism fail, which often happens with bedroom sets that have plastic components in that mechanism; or did the screws that secure the latch into the door come loose, allowing the latch and/or the screws to prevent the door from opening...also not an uncommon event.

This avoids the headache of eviction and wraps things up cleanly.If things escalate before their lease is up—like the music gets worse or complaints keep piling up—you could consider eviction.

Hi @Kenneth Alan Flugrad, come and network this month at our next meetup, you might meet others that could be valuable in your flipping endeavors.https://www.biggerpockets.com/forums/521/topics/1229391-sout...

I noticed some of the reviewers mentioned how the area is up and coming so if the area is questionable that might be contributing to this.

The industry continues to see consolidation, with private equity-backed firms actively acquiring, albeit at a slightly slower pace than the frenzy a few years back.

For instance, the term could be 3 years and add a clause that says they have to return the property to the condition it was in when they moved in, not just keep their deposit.