What was the largest fear you had starting out?

If your purchase price (always the largest expense) plus the rehab estimate (the second largest) total no more than 70% of the ARV, the remaining 30% must cover your HML charges, agent commission, property and hazard insurance, property taxes, title insurance, escrow, staging, all else, and your profit.

Rehab costs, holding costs, and the ARV will be the largest cash eaters or cash producers with this deal.If you underestimated the rehab (both costs and time) and overestimated the ARV, you could be underwater very quickly. 

There are two distinctly different collection strategies you can pursue:1) Collections Company: there are several that ALL they do is pester the debtor for payment with calls, texts, emails, letters, etc.2) Collections Attorneys: they will get a money judgment for balance owed and then pursue garnishment as necessary - including garnishing any state tax refund (if the state allows).Both will take a percentage of what they collect.

Speaking with one of our attorneys she mentioned the largest area of defaults she has seen is in SS space as it got over saturated in some markets and rent appreciation has not been as advertised.

Under the rental section it doesn't make any distinctions re: advertising, but it does under mortgage lending and mentions rental housing.

Lot split by far has largest upside, but it is also the most work with the highest cost.  

Lack of capital is my largest blocker to entering the real estate market right now, so less than 20% is appealing.

The largest part of the bill not covered was the moving of their furniture in and out.

It’s a tertiary market, but has multiple major employers, the largest hospital in the state, and a university.