That definitely brings a spotlight to that practice.

It is sad that no enforcement can even go after their fraudulent business practices. 

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.

The buyer completely takes over the original loan for all legal, tax and practical purposes.

It drives me crazy when I hear these stories preventive maintenance is what should be practiced and discussing all avenues of the deal and the borrowers docs in advance.   

It's hard to harvest equity on these plays, unless you commit, long-term, towards very light leverage, as the only practical ways to benefit from the equity in your portfolio, if you plan to never sell it, only exchange it, for a lifetime, are to spend the cash flow, or cash out refi.

@Brian Rocha It’s clear why most lenders insist on including rehab funds in the loan, and all of our partner banks follow this practice for fix-and-flip loans to minimize risk and meet securitization standards.

Kyle The couple of wealthy dentists I know, started by buying the building their practice was in. 

While it's more expensive than Ohio, it's still cheaper compared to California.Additionally, consider the practicality of traveling to your investment market.

- Any lessons learned or best practices you’d recommend for someone leaning toward this approach?