While I did not work with other agents or lenders for this particular deal, my professional experience ensured a smooth transaction and effective project management.

Not only will lenders be effected, but borrower credit, business loans, inventory, and auto credit will suffer when those effected have to relocate, find long term replacement housing and their livelihoods and income are destroyed.

These are people whose full time job is to effectively manage the assets on behalf of the investors. 

Unless you have heavy overhead and 1000+ LOs this is the most cost effective option 5.

I’ve been meaning to write a blog post on how to do it - I’ll eventually get around to doing it.

https://logicalpm.com/new-michigan-section-8-laws-what-can-l...As the article points out, these sorts of laws often result in the opposite of the intended effect! 

I'm guessing that posting this buried under 200 "Me too's" will be less effective than a new post, but here goes anyway:In the U.S., how many times do these logbooks get scrutinized? 

Most STR markets have seasonality, and there are untold issues in the future that will effect cashflow. 

However, in order to do this effectively, you have to have knowledge, experience, resources, and cash reserves in case things don't go exactly as planned.Hopefully this post was helpful to you in seeing a realistic example of how to purchase real estate without using your own money.

Several people told me I shouldn’t do this, but it’s one effective way that helped me scale up to 29 SFR in 9 years.