It might because they don't want any random person just setup a property management software to make it look legit and using it to scam people (tenants)

I've heard of people doing this, but you need to be rehabbing it enough to make it higher value so ideally you need to be purchasing something that needs some rehab so that you can increase the equity because otherwise you're not gonna have enough equity to pull out

Either way...... gotta love The Heights......people will pay that amount to rent .,,,,,, instead of building wealth

My tenants are decent people and I let them know that I hate these kinds of conversations and if other people are complaining then clearly there is a pattern here that is wrong on their end. 

Checkin with people after they arrive to make sure everything is good with the house.

I’ve tried tru people search when I was D4D last week, and didn’t find a valid number out of the 20 houses I found 

In most single family zoned areas adding a single ADU is not a value add meaning it will not add more value than the hands off cost of the addition.  

Before the income subject to UBIT is calculated you can depreciate and deduct expenses and losses on that portion of the income so generally it's not as bad as people think. 

For most people, they would be better off investing in a syndication or even a REIT. 

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