That's the problem now, it's gotten so filthy that folks are saying bet today and in small time frame or pony up for true short.

I found a lender who offered rates that seemed too good to be true (6.125% 7 year ARM) but found him through recommendations from others who have used him.

Just seems too good to be true. 

Property owners won't know that going into it, but they are lured in by low fees.The old saying is true: you get what you pay for, not to say that all PM companies that charge "high" will do a good job, but I feel confident in saying that if you are paying very little for services, you will get very little in return.Best wishes!

A lot of folks get tripped up with properly understanding their true, future property taxes, for example. 

@John Perrings So you’re saying the high surrender rates on WLI are not true?

If this is a true investment property, you would typically need a 15% down payment minimum anyway. 

In my market if there is such low action like this, I'm accounting for that in my true ARV and holding cost because it's a waiting game at this point for you.

(heavy rehab deals, flips, personal lending, etc)6,000,000 - Multifamily Syndications - With lower risk, greater diversification, and a 7% annualized preferred return paid out monthly, That's 35k/mo in true passive income while the invested principal is doubling or better every 5 yrs.I wouldn't spend a dime of the principal on houses, cars, fun, OR CHARITY because I can do that with the cash flow and end up giving more in the long run :)This strategy follows the commandments of investing:1.

I travel with a van loaded with tools , and always need a tool thats at the shop , so I either go get it or run out and buy a new one .