I was shocked when they told me they took out mortgages on the paid off properties, to invest in more properties. 

I think the people who bought in the boom and thought it was smooth sailing to easy profits every month have been in for a shock.

You’d be shocked by how little actual screening many PMC’s do!

@Marcus GriffinTypically as part of a modification the bank will have a “shock package” which includes information and forms to be completed by the borrowerOn those forms there are questions like will they or do they occupy the property, there income, do they plan on keeping th home.This is equivalent to lying on a bank application which is most likely considered fraud Not providing legal advice but this is definitely a very slippery slope you are getting involved in.

Hey Ryan, yes I was told that just a cleaning alone, not any repairs, would be around $200-$250 but was shocked when I was sent an itemized bill and was charged $550 to clean a 2BR/2B condo downtown.

They were shocked and said if I wanted them to move out in 60 days they would need relo assistance.

You might be shocked!  

This way, it’s not a shock, and they’re more likely to stick around.Market Update: Let them know the neighborhood is changing, and so is the rent (to $1,100).

Reading the positive review of RentRedi here is truly shocking.

In addition, I been doing this long enough that something new doesn't shock me or surprise me.I bought a house where the owner went to a nursing home 15 years prior.