In more than half the country you don’t even bother with cash for keys because evictions are simple, fast and cheap.The part of the system that’s broken if you’re doing “a lot” of evictions is your screening.

Too simple? 

I can tell you first hand that the demand for student housing is at an all-time high. 

Costs for a CPA may range from $800–$1,500 annually, reflecting the added complexity of self-employment and rental property filings.While DIY tax filing can work for simple W-2 income, rental properties, LLCs, and self-employment income introduce complexities that make a CPA valuable.

On the other hand, a greedy, shadier lender can set you back. 

With 400K my initial thought is doing a BRRR/Flip that is close enough for you to be hands on.

I wanted someone to hold my hand because I was scared of what I didn't know. 

They had said that they would take care of any foreclosure issues and that it would be fairly hands off.

Once you have cash in hand, you can unlock the unit for 24 hours and let him move his stuff out.I would also consider charging an additional deposit of $500 or something, just to prevent him from leaving all the trash or stealing your refrigerator.

Syndications are a very hands off (after all the work of vetting the GP and deal are done) of investing.