It’ll be painful for some caught in the churn.

I want the churn of doing loan after loan right now, where as another investor might want more of a set it and forget it model to lending because they rely on the monthly payments to help cover their own living expenses.

Our 200 buyers stays steady, but our 100 homes dwindles to 75 homes as the speed of our new buyers exhausts the normal churn of sellers.

Once you can start churning out a few deals then all of a sudden you are a 3 experience and rates are much lower, your leverage is higher. 

So if they fight you in court, or not, you still win a default eviction quickly.Forget having attornies process your evictions, your going to have to do it yourself or with your staff, expect to spend one day a month in court processing these every month.Focus would be to reduce repair cost, and just churn units with a little cost as you can.

In insurance they call it churning and it's not a good thing.

"Churning" notes, the buying and "immediate" selling of notes is a brokerage activity, not investing.

Obviously if you have to pay that out each time you rent the place it will affect your cash flow model just like paying a management company.If you churn tenants once a year on average.First months rent for example 800 for leasing fee, property management company 80 bucks a month, make ready for new tenant again 1,000 with lost rent.

I'd say I've maybe spent around 50 hours developing what I have today but it wasn't like I sat down and churned that out in a week.  

In the mean time, however, you could run those same numbers in the BP rental property calculator and see what it churns out.