Turnover will be high and tenants will appear and disappear at random,  so keeping everybody on written agreements may be problematic.   

You can mitigate this and be different (instead of the endless stream of newbies who come on BP, post once and then disappear) by educating yourself ahead of time, maybe doing a deal on your own etc.I have been doing this for 3 years.

From a disappearing contractor, to surprise structural issues, to nit-picky inspections (who demands a second handrail on a little 3-riser backdoor step??

How are those funds held so that they don't disappear to the Carribean with someone from the management company? 

So maybe he's looking out for himself trying to get commission that might disappear if the sell happens in arbitration?

If I can plan on holding a property for at least 6 months, the lesser clause disappears and its a standard cash out of up to 70% of ARV.

The financial crisis started in 2006 resulting in an upsurp of bankruptcies, these bankruptcies are slowly being removed from credit files as they disappear from credit reports after 7 years.

Just remember, if it is true that this one guy has figured out this tiny niche, just one more person trying to do it (you) could very well make that niche disappear.

Two days later, the house disappear from the MLS.

If the sub-lessee disappears the next day, the original tenant is still responsible for rental payments, as written in most standard lease agreements.You can write a new lease agreement with the sub-lessee for 18 months if they agree to it, this would relieve the original tenant from any responsibility once the new lease is signed.Most rentals come with an early termination clause.