Especially on SFR which currently are not rent controlled (see prop 33).  

When something goes into default, like this property has has, I have little to no control yet assumed a lot of risk. 

That's why I posted, to provide people with real advice based on my experiences so they can avoid making the same mistakes.Providing greater buffer space for capital expenditures and controls is a good risk management strategy.

The greatest control point is before that first lease.

Plus you have no control when they do an exit, and you’re paying fees all over again to re enter into a new DST.

You never want to build a business that is completely reliant upon another platform that you have no control over.

We see a lot of success in the suburbs:Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.

Belize is super picky on financial transactions due to US drug traffic monetary controls.     3.   

Letting go of control into passive investing and being a money investor makes me nervous.

The ground floor has gas hookups for a gas oven and that floor has its own gas range/oven and kitchen which is also controlled by a ground floor sub-panel also with access to the backyard and to a lower cellar area where they have their own washer dryer and storage area.