As a new investor, I made the common mistake of being too aggressive, starting with seven distressed units all at once.

I know Deed in Lieu is a common and normal practice.

It is zoned single family but since the previous owner is using it as a rooming house a few things look different that I am worried about the appraiser not passing:Outside doors for each room with locks.The only common area is the kitchen, no dining room, living room, etc.The rooms consist of 5 bedrooms, 1 kitchen, and 2 bathrooms.Each room has a bed and a small drawer which I am thinking of diassembling before the appraiser comes.Would I have a problem with this?

I wouldn’t say that’s a common start for most people though.Also, you are 100% right that 99% of people will do nothing even if you give them a roadmap to working for themselves.

That is the reason why you will see DSTs commonly invest in single tenant assets where a long term lease is in place with an extremely stable tenant. 

Duplexes are very common here and are much easier to find than a Quad as well.

This is very common, and highly successful.

Its a fairly common strategy.

He said that the insurance company gave him a discount because the materials are less susceptible to fire than common materials used like asphalt shingles and stucco.  

It just isn’t necessary to execute on our strategies.But all of our participants have one thing in common: they're not looking or a quick fix.