This is a big part of the problem "AMH, formerly American Homes 4 Rent, grew its portfolio of single-family homes by 8.5% between 2019 and 2021, but its fee revenue grew by two-thirds during this time period, according to the group's securities filings.

We talked to the tenant and offered to help them market the unit for a sublease and in less than two weeks are securing the paperwork for a one year sub with no gap in rent payments. 

What security boxes or other solutions do you use to insure the rent is as secure as possible before taking it to the bank? 

I agree with all of this HOWEVER I will say, if you have a unique product to offer to the market, you can attract even the highest quality tenants in the rougher areas, especially if they are secure properties that are close to downtown.

It also states that any security deposit refunds owed will be made payable to all parties on the lease agreement.One tenant has stopped contacting the roommates and us, and we are not sure they are planning to return.

By pooling financial resources, we secured the property and funded the $25,000 renovation, ensuring the project was well-capitalized from start to finish.

Leveraging his local market expertise, we swiftly negotiated the purchase at $190,000, securing the property under favorable terms that allowed us to capitalize on the quick resale potential.

Additionally, it can help you avoid the risk of having an offer accepted but not being able to secure financing in time.

I am not suggesting you can't be successful building a SFH portfolio and to an extent cash flow is necessary to operate the portfolio, secure financing etc., but SFH's are one of the more inefficient asset classes to own.

You should never ever ever provide a loan on real estate without it being secured.