Many of them become entitled and create problems, particularly for amateur landlords that don't know how to manage well. 

Any helpful information or suggestions are greatly appreciated!

Not to say you cannot do well, but it’ll take some extra TLC. 

Early last year, one of our borrowers, an extremely experienced rehabber who had recently been diagnosed with diabetes, informed us that he’d been in and out of the hospital so frequently that he wouldn’t be able to complete the flip we had loaned on as first position lenders.We were aware that he had borrowed an additional $110k from a second-position lender.

Hey Joe, I'm an investor as well as a real estate agent in Green Bay.

However, when I requested our EIN the letter stated, "Based on the information received from you or your representative, you must file the following forms by the dates shown.

Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not. 

A builder that knows the area very well.

And make sure to plan for the additional depreciation as well!

Clear office, Sheriff’s office, and law firm associated literally didn’t provide any information.