I used the concept to do arbitrage on 3 more of his properties and then transitioned to more of a management model in 2020 to offset my risk.

@Marc Zak Using an LLC for each property provides strong liability protection by isolating risks to individual assets, with income and expenses flowing through to your personal taxes on Schedule E.

Recommend that she contact the state's rental assistance program, the victims' assistance program, and make other arrangements to pay or vacation within three days to find more suitable housing - like Section 8.Run your business - or risk having the tenant ruin it.

And hard in your own business, again very possible but often a lot of risk and work.

Whether to go with a BRRRR deal or multiple down payments depends on your risk tolerance and long-term strategy.

That said, if you feel you want to go above and beyond, then could could try contacting some of these apartment complexes directly and confirm her story with them but if you can easily find another qualified applicant why would you take on this work and additional risk.

Because they perceive risk.

Better advice is know the risks, mitigate the risks the best you can. 

Investing comes with some risk.

This does not align with buying most buildings in cash.Once you progress in your investing efforts you may come across more UHNW individuals, family offices and institutions who would take the lower return for limiting risk (all cash deal).