I looked at nearby comps and realized that I could easily recover my investment if I were to add an additional conforming bedroom and bathroom!

Even if you default, the return to a lender is easily calculated using the loan terms usually defined in the note.

You could easily manage a significant volume through a free Google Voice number and an email address.Considering that most residents lean towards email and text rather than phone calls, you can periodically check those messages or any voicemails left for you.As your business expands, you might want to consider implementing an efficient property management software.

On a 6Br or higher you are easily going to be pushing $3k for rent, and probably a premium for anyone who agrees to arbitraging to you.

Generally, when a debtor files for bankruptcy the automatic stay goes into effect, which is an injunction that enjoins pretty much every type of collection activity (look up that code section and read through the subsections).As a landlord, you even contacting the debtor-tenant with a bill or amount due or otherwise could easily be viewed as a violation of the automatic stay, which could expose you to liability (attorney fees, actual damages, punitive damages, emotional damages).

You could easily do it yourself if it is worth trading your time for it.

If you share your balance, rate and payment you can make it takes me 2 seconds to find how many months to zero on my HP 10B calculator.Can easily change the payment amount or term.   

All I'm saying is flipping can easily cascade and you are better off creating a strategy that takes advantage of economies of scale.

No need to worry about setting up an LLC or anything like that right away as that can be done fairly easily.

If I'm the one out there finding and analyzing deals, I can just as easily do it for someone willing to make sure I get paid as I can for someone who tries to cut my commission.