I agree that is will be a gamble as to how well it will do.Also, ask the owner if they will entertain partial owner financing to keep from dragging family and friends into this risky business venture.Maybe even rent from owner for a year with right to sublease to see how it goes before committing to a purchase.

However, all properties in the funds are stable and we still feel pretty confident that things will pan out well.Our biggest gamble in all of our investing was with Goodegg.

They gambled, and lost.

For context, the tenant is an elderly lady in her 70's who lives alone.

Are you asking for a lender for the lady selling her home?  

Most gurus have their clients journey end the moment they send them the money, they join a facebook group - have overseas VA;s moderate it and provide some old videos that get repurposed.Those who are new and thinking they are creative typically get crushed as they are gambling not investing.

I don't look at the cleaning lady and say you are making too much because I am making less. 

Stock picking is gambling pure and simple. 

Do you get energized by throwing your stack of cash on black and seeing what lady luck has for ya? 

Hey ladies and gents!