I was referring to Owner Occupied foreclosures in particular, when warning to stay away from foreclosures in certain states.I agree that door knocking would be the best way to get these deals down.

I also call references from previous landlords.  

I do not use a property management service to advertise and have always used Zillow to advertise, previous references, housing records, credit checks etc

Is the balloon payment the 40k bump at the end you referred to?

This was pretty confusing regarding "Core" Stessa features, BP should probably refer to it as "Essentials" package (free tier).

Would love to hear your thoughts on whether pursuing this adjustment makes sense or if I should reconsider.For reference, I’ve included the following assumptions in my calculations:5% for maintenance3.5% for vacancy10% for capital expenditures and management feesThanks! 

@Patrick Pan, if I was operating in a state where that was a concern I would just contact their current landlord for a reference.

When it comes to homelessness, it usually refers to someone who is living in an area that is not meant for human habitation, like a car, sidewalk, or park. 

This is an important decision- I have a few PMs I can refer you to over here.- Depending on your budget, do you want a small condo or larger residence?  

You likely have connections and can get references.