If you live out of these bounds feel free to stop by.The first event will be Nov. 12 from 6:30 - 8pm at the Starbucks in Stuart, FL located at 2294 SE Federal Hwy, Stuart, FL 34994. 

Also we just put a Amazon basic lockbox down low adjacent to the door with a spare inside.we also have a back up to the back to lock box hidden if someone should forget to replace the key when they leave or loose it from the original back up lock box. 

But if they have enough volume to spread out that risk with tighter underwriting guidelines, maybe that could be ok.But I suppose in reality, most doing those LTVs are also loose on the underwriting guidelines.

Ooops lolFor example:75% of tenants pay their rent online.Others mail a certified check to our office.Showings are virtual and automated.In-bound calls have been slowly eliminated over the years and a lot of our operation is conducted through email and other platforms.There is almost no need to visit the office.Looking to automate and virtualize even further but we still like having an office as it's good for camaraderie so will keep it that way for now 🤓 

The tenants would have to supervise the bunny closely if loose inside the house.  

So what if you make a mistake and loose 10% of $50,000....you will have learned many valuable lessons and still have a piece of real estate worth $45,000.   

@Shayna Hatcher it’s good to be cautious, but sometimes looking into things too much in this business will make you loose money.

Cons are the cost involved in (both time and money) and loosing out on having a professional to guide you through the process. 

But you can also loose some or all of your money if you do not perform your due diligence and watch your investment closely.Happy investing.

I will ask them to sign a new lease when I take possession so that they ARE bound by MY terms and conditions.