If you plan to originate and sell, to get yields into fair market territory, you'll be discounting your paper, meaning that your margin on the home will need to be high enough to absorb the discount and still produce a better return than just outsourcing the lending process.

I found a lot of Lane's teaching dangerous (but so does other BP teaching), but I would not say it openly before as he's very friendly, like when he said commercial real estate is way safer than the stock market index.

What's much more dangerous is coming in with guns blazing and getting yourself on the wrong side of a lawsuit.I have an admittedly small sample size of one with respect to inheriting existing tenants.

Be very careful - you could get into fraud territory quickly.

It's reducing our prop value and dangerous with the squatters.

If too much trouble, then at least make sure the tenants have renters insurance with at least $500,000 of liability coverage, and landlord is named to receive notices if policy in danger of cancellation for non-payment.

Please note that I am not a CPA or an attorney, so please seek professional advice for any legal or tax questions as I know just enough to be dangerous!

K&T that old is frankly just dangerous....a fire or ?

But when I said I'll use my sister for PM for those, he said "no, it's too dangerous for her to go there".

It's a dangerous precedent.