I would not waste my time or effort unless I believed he was the last tenant on earth.

Why on earth do they do that?

@Martin Zavala , I recommend looking at the resources available at http://www.donaldpbeck.com/, especially the "Down to earth landlording" book which gives a good overview and tips.

Why on earth would she refuse a background check???

You will be hounding them to the ends of the earth to get paid.

I probably have 30 more years left on this earth. 

It’s amazing how many people with no experience care to respond and have no earthly idea what they are talking about.

So on one of the podcasts by Jefferson Lilly he says to downloan google Earth and scroll back through the years looking at the park you want to buy and you can see if it has ever been filled.

They bring folks back to earth in regard to there is risk, not leveraging to the nth degree and have really honed in on their niche. 

It's crazy how much it varies based on the area.I'm not for sure on the market in Boston but I can guarantee you that if you find anyone in Cleveland, OH doing it that low it's either a scam or some poor soul that has no clue what on earth it is they're doing and the entire experience will be a train wreck from hell.10% is about the best you'll find in this market unless you get 10-15 doors and then the rates may go down but nowhere near that amount.