@William Hochstedler  were I saw this model fail miserably for LA based investors was even though they are full doc.. the cash reserves that are there at the beginning.. investors get this irrational sense of security that their rents are going to come in like clock work that the homes are going to stay rented that their home will be taken care of like they would.. and the reserves end up getting spent on other things in their lives.. thereby wildling down their reserves.YOu have a bad run... you need 5k to fix up and re rent... house is vacant for 3 month during the process... and if you don't have the funds your PM is noting going to front it for you.. and down the tube you go. that's what I witnessed.. these were not speculators  these were people that thought their 100 to 200 a month positive were a given and could never change.. and they were woefully under capitalized. 

It's beautiful here and I count myself lucky to have lived here my whole life! 

The land trustee then becomes a second set of eyes and ears (and a more credible witness when saying a deed was forged), preventing/reducing title theft. 

Anecdotally, I witness much frustration in the mortgage industry.

I'm Lena from beautiful Whidbey Island, Washington State.  

Beautiful area down there!  

And when the designer brings to you, I found this beautiful carpet or embellishment to set on a shelf but it breaks our budget but I wanted to show it to you in case you wanted to buy it, be ready for that.

Welcome to our beautiful paradise! 

Hello from beautiful Charleston, SC!

This gives you an objective third party as a witness and it ensures the charges stand up in court.What you experienced is very common in real estate investing.