Almost everyone will pay their rent over any consumer debts as being homeless is much scarier than a bad credit card debt or a repo'd automobile If they provide a good prior LL report, move them in.

We go to her neighborhood and see downtrodden neighborhoods nearby, lots more homeless, congestion and she visits us and calls it going to the farm. lol

In all our older (read: rubble foundation) buildings, we provide tenants with a {virtual} handout in the autumn indicating things they can do to make their home less appealing to mice.  

My end goal is to have over 50,000+ units, multiple developments, apartment buildings and an endless stream of income so I can start on my real goal of ending homelessness in America and ensuring every child has access to the health care and treatment they deserve.  2500 a month would pay all of my current bills with enough left over for gas, groceries, and a little for savings.

Also, condo is the best choice in California sometimes because due to location and collective ownership,  usually, the location is more secure, whereas in the SF neighborhood it is surrounded by homeless.

I now get part of the answer as the why some people end up homeless.

Don't do it ...if you don't have reserves do not do it or you'll be the guy that a wholesaler will be getting a house for on Pennies on the dollar.One round of bed bugs or a broken furnace or a vacant unit that gets overrun by homeless people and you're done, big time, don't do it you're not ready at this time keep studying keep learning keep following different discussions

If it was just my homeless looking painter plumber self... they'd probably think it was a scam. 

It’s a bad… bad idea.www.weallascend.com is solving the homeless problem ... start there and so some goodbe smart... invest smart... stay healthy ... stay safe ... stay vigilant

I'd agree that much of Santa Ana is B (some maybr bordering C class - have you seen the homeless tents??).