Sure, we can say we have a 98% rent collection rate or that most tenant placements average 27 days etc etc but notice the "most" or "average".

The investor buys it—either with a loan or cash—and the turnkey company usually continues managing the property, handling rent collection, maintenance, and turnovers.Where Does the Investor Profit?

Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I do know that the rent collected from my buddy and the tenant in the midterm rental will come close to, if not break even, with my mortgage, taxes, and insurance.

Further, he can extend his “grace” period a further 30 days by paying us an additional $50k.So far, we’ve collected two $50,000 payments in the last i0 days plus the $36,000, or $136,000.

It will cost the seller more time and energy to sue you than collect on the EMD.  

You cannot make money if you cannot look legit and collect leads.

However, our seller wanted to actually identify the property prior to closing - they had extension rights in their contract. 

Unless an investor uses a non-recourse loan the liability remains with the owner personally vs in the DST and invested into other large stock exchange companies which have the liability.6) Convert an illiquid asset, like a business, primary home, art, collectibles or commercial real estate, into a diversified portfolio of liquid investments.

The tenant will most likely talk nonsense and show the judge precisely who they are.Send the judgment to a collection agency, along with all supporting documentation.