We mix it up with performing and non performing loans and we have some performing that are short term bridge loans as my confidence in reperforming paper is low based on the re default rate risk.One last thing to touch on, there was a comment that I am one of Marco’s henchman.

They don't tell you about all the out-of-pocket cost for mail outs and paper direct mail. 

Generally places with high cash flow on paper are cheap homes in not so great areas where you have higher turnover, damages and real cash flow is lower.

yes the cash flow looks amazing on paper!

So the "high equity" thing may just be paper, go get it realized.

Equity is great on paper, but it may not mean much when the first position balance has grown exponentially due to accrued late fees and penalties and the property is selling for maybe 70 cents on the dollar at auction. 

You can also tell her that you are going to start the paper trail so that you don't get stuck with unpaid rent, but that it will be rescinded once she gets up to date on payments. 

So there is a paper trail of me using it as my residence.

Our project is going to look a lot like a 5-unit apartment building but on paper, it won't be.

Add HVAC now $25k and this is tight.If you are buy and hold;   find the paper linked off my BP profile;  how to buy a bullet proof rental portfolio.