It's a dual weapon.There's even a big net cap/cash flow poster on here that's more or less walked into this debate and admitted not holding was a mistake.

Admittedly, I am eager to find the right property and invest my capital to begin generating returns so sitting on a lot of capital for months or years seems wasteful.  

I don't remember what it was called or what it contained exactly but basically she admitted to trespassing and gave up all her tenant rights in exchange for $2500 which I sent via venmo immediatly after she signed.

The saying in the business is (it's a bit jaded I admit) "see the tenant's lips moving, see the tenant lying."

I've tried QB (admittedly, didn't try for long) and it didn't seem to be a good fit.

In this case this owner, admittedly, pulled the rug out from them.

It alleged that the NAR and several major real estate brokerages artificially inflated commissions, with the requirement that sellers pay both the listing and buyer agents' commissions.

As you can imagine, we already have an attorney who specializes in real estate and an accountant who is well-versed in rental property accounting best practices (but she admits she doesn't have a lot of experience on the private lending side of the business). 

The deal fell apart, and not only did we lose the $5,000 assignment fee, but we also lost the $5,000 we had loaned to the sellers, who admitted they knew about the second loan but never disclosed it to us.When we asked the sellers to return the money, they told us it was already spent on Christmas presents and moving expenses, with no intention of repaying us.This experience was a painful wake-up call.

(a) If the Company establishes the title, or removes the alleged defect, lien orencumbrance, or cures the lack of a right of access to or from the land, or curesthe claim of unmarketability of title, or otherwise establishes the lien of the insuredmortgage, all as insured, in a reasonably diligent manner by any method, includinglitigation and the completion of any appeals therefrom, it shall have fully performedits obligations with respect to that matter and shall not be liable for any loss ordamage caused thereby.. . .To the extent that you are requesting compensation for the Alleged Damages, please see Condition8(a) of the Policy which provides the Company with the right to establish title as insured in areasonably diligent manner without being responsible for any loss or damage to the insured.