If the software is not simplifying your life or making you more accurate, you shouldn't use it.Software does have extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Quote from @Andrew Steffens: There are probably more experienced people on this type strategy who will hopefully chime in. 

I'm not the first to build to this design and type of community so I'll be reaching out to the experts when the time comes.

I have tried both, I think it depends on the market you are targeting and the type of leads.

And what type are looking to buy, SF, 2-4 MF, or 5+ MF? 

In the meantime I would love to have some helpful information or ideas to share with the buyers when we meet and ideally an agreement/contract we could fill out together once new terms are agreed to and then share that with the attorney so he could draft up the formal instrument for recording.If you have experience with this type of scenario, I’d love to hear any recommendations you have or any helpful resources you could point me to for the appropriate paperwork.Under foreclosure laws, you have to send appropriate notices and try to work with the borrower and offer a loan mod before foreclosure anyway. 

There are 4 Single Family Homes built on the site. 2 are built-to-sell and 2 are built-to-rent.What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

I see the no money type buyers who need credit repair do OK in buying low end SFRs and flipping those ..

Also, I wanted to convey that the type of investor I describe should on;y accept a quality tenant well above what’s typically considered acceptable in the industry.