Did you join Capital Collective or Raise Masters?  

I too know many investors who buy very low cost properties and own them for cash and collect rent weekly and a few collect monthly.  

USAging believes that every person should be able to age with optimal health, well-being, independence and dignity in their homes and communities.

At 23, your unfair advantage is time that is not constrained by collecting commitments of a family.

How will you collect rent when the building's mechanicals are stolen again?

I have hired a revenue management and listing optimization company that tracks all of this for me on a daily basis.

You cannot make money if you cannot look legit and collect leads.

We have a judgement but since they closed their offices LLC that entered into the contract we have no way to collect.  

Bird in hand is better than 2 in the bush, especially when the two in the bush do not have the money.we are seeing a lot of companies now try and get seller financing and then arbitrage it to renters - similar to STR arbitrage but just arbitrage it with a loan and collect the rent and if the tenant stops paying they walk away and you are stuck with the home, the foreclosure and the subsequent eviction.

And typically long term rentals don't make it easy to include property management fees into the numbers and have them still work well.I would consider looking into STR type areas where you can avoid the risk of property damages (str and pm insurance covers almost everything that they might damage) and evictions/collections.