It wasn’t until Joey cleaned out a joint bank account and got Chris for $25k that he realized Joey was not a good guy.

More like  2X to 5X the cash out.. these are done with builder developers on their deals So put out 300k get 300k back in profit plus the interest rate. most small builders/ developers need to have a equity partner so you just do both you lend the money and are the equity partner.. pretty clean..

Build a local team for cleaning and repairs to streamline operations.

The insurances like AAA are strict on the paint, roof, plumbing, electric etcThe houses are in Stockton, California.Thanks

OP said: It’s frustrating, especially because our due diligence came back clean, leases were solid, and the property had just been fully renovated.

Offer to give them their full deposit in cash on move-out day, if they leave the place clean and empty, etc.  

Need a lender who understands that clean title will only occur on the day of closing.

In fact, I just tossed away an amortization book of tables that I've had for almost 30 years, when we were doing some winter cleaning - the lowest rate it went down to was 7%.

Virtually everyone has used an electric range or oven in their life but lots of people have no experience at all with gas anything. 

Cleaned up house but didn't have to do much.