Small multifamily versus SFR versus large multifamily construction difference. 100-year-old 10-unit Manhattan apartment building versus 100-year-old Mississippi Delta kudzu-eaten termite-ridden clapboard makeshift duplex begging for the wrecking ball.The challenges will be daunting.

Maybe the tenant wrecks the place. 

Also i think Morgan undergrads are more likely to wreck my house than Hopkins grad students.Thanks! 

Most of the wrecks I get need 15-30k in rehab, and I do some work myself. 

The buyer may not pay, doesn't pay taxes, wrecks the place, etc.Legal action is possible but also takes time and money, that can be spend better elsewhere.So my question is simple, is there some sort of insurance/service that simply guarantees me that I recieve all my monthly payments?

The cashflow is so low that I would be very weary if the property was on the older side as repairs will wreck you.

The condition of the house is an absolute train wreck so I’m thinking the lender/FHA may be willing for that reason although I don’t expect much to be done quickly or reasonably via FHA.

Everything about this home was great except for the master shower was a wreck, it was filthy, and that the kitchen is dated but the shower made it unable to get a typical loan FHA or otherwise and nobody seems to know about rehab loans around here.

Everything about this home was great except for the shower was a wreck, it was filthy, and kitchen is dated but the shower made it unable to get a typical loan FHA or otherwise.

Because that could wreck it for you.