But something didn’t sit right.

I got about 1.2M sitting and would really like to put it to work, I only own 1 SFR in Staten Island.

Now, don't get me wrong...I hear exactly what you are saying but then again isn't that really just to weed those that just want another course to sit on their shelf and point to and say...that doesn't work?

Risks: rates go down and you have to pay a prepay of 2 or 3 %; you have to sell and pay the prepay; rents decline & you can't make the payment like any other type of loan; cost upfront a little more than conventional; need to find experienced broker licensed in the state where subject property sits; servicers are bulldogs. 

@Kevin Sobilo I was speed reading and wasn't actually looking for a perfect analog but your assessment doesn't sit well with me either. 

Maybe sit down with her and look at the finances for her and if it makes sense for her to buy the X out and refinance if that is even possible. 

Properties are sitting on market for a bit longer now that supply is slowly creeping back up. 50 days isn't too terrible compared to the greater PHX area. 

That means YES, they are actually with people sitting down and scrolling through new listings every day looking for people to tag.

You buy investments and everything goes well, so you sit back on your laurels thinking this is a pretty easy gig.

That is a mixture of units sitting.