Hopefully his students are better, I don’t like the idea of thousands of people entering the industry trying to find sellers willing to sell via subto who all think it’s okay to bend the truth, especially with transactions like subto that are complicated and require a lot of trust on behalf of the seller (that the buyer will do what they say and keep making the payments and not wreck the seller’s credit potentially affecting their ability to have a place to live in the future because you can’t even rent an apartment with bad credit). 

I flip in areas I'm familiar with but even if not, it's not complicated to formulate comps from basic google searches.

As the situation became more complicated, I involved a lawyer and began mediation.

I'm curious about this. i have most of my rentals in Maryland (Baltimore County) and evictions are not extremely complicated AFAIK,I don't want to hijack this thread with a lot of bellyaching so I'll DM you the story if you care to hear it.

Keeping them in the loop could help avoid conflicts or complications down the line.Lastly, think about framing your case around fairness and practical impact.

.), and you've made your House Rules clear, then don't sweat the small stuff.By that, I mean- you'll have guests who have 5-star ratings but can still leave a mess or damage (other owners didn't report accurately or it was complicated) but you have recourse via photo evidence (your cleaners, etc.) to ask for reimbursement (or use something like AirCover, etc.).

A fair warning, you'll be wading through complicated info.  

Your goals don’t need to be overly complicated.

the "too complicated" part is the partnering. 

Quote from @Rud Sev: A quick follow up that I have (I understand things can really quickly become complicated): if there is cash flow, and that cash flow is larger than any depreciation (assume no cost segregation), K-1 reports a gain, is this gain considered to be ordinary income please?