Flexibility in Loan Terms: Josh offered a unique hybrid product that let my friend lock in a portion at a fixed rate while leaving the rest variable.

Leaving out auction and foreclosure costs for a second, when you write that check for $220k the trustee is going to pay BigBadBank the $175k they are owed first, then he's going to pay LittleBadBank the remaining $45k, and you will get a clean title as the process is going to wipe the slate clean.

Leave you with one last question: Does your reports from any software tie in to exactly your tax return? 

I'm more concerned about appreciation and equity so I'm willing to trade the cash flow for it, but I don't want to be in a situation where I'm barely breaking even and the stress that comes with it.Looking for ideas how I can tap into that equity to grow my portfolio but still getting some kind of cash flow to be able to make the monthly payments1.

My concern is more in the legalese of the deal.

And don't expect the compliant tenants that complained to stay after you minimized their concern and did not address it.

Well it looks like non-profits are exempt....So I suppose Dope Traffickers will just buy an ongoing concern non profit and operate that with ownership as an IBC (International Business Corporation) in some privacy haven, or Russia, or Yemin or somewhere (if those places have privacy laws???)

Im sorry, while your concerns are generalized,  you are obviously not an Investor with BAM Capital or know their Company culture to post your concerns here regarding BAM Capital.I am in FUND III & FUND IV with well over 1 million invested over both funds.

The tenant is understandably frustrated and has mentioned safety concerns due to slipping hazards caused by the water.

So what do you do with the houses - leave them vacant?