Affordable housing, which means Fed funds, is a very tricky type of development for everyone involved.

Leverage magnifies return. 3) The effort involved in adding an ADU is comparable or larger than a rehab associated with a BRRRR.

Make sure they are just a investor so there are no ulterior motives involved.

I also wouldn't be involved in day-to-day operations onsite.

I've had success simply informing the tenant that I plan to involve a collections agency as a next step if they don't pay what they owe.

I assume there’s no realtor involved or they’d be upside down.

If it's a layered LLC, most lenders will need to trace a warm body on the operating agreement which will involve a bit more paperwork trail.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

The ways involve a combination of undefined tech innovation and customer willingness to engage in unconventional transaction methods.There is options now, today, for buyers/sellers to transact real estate for 1% and less of the total transaction $. 

With over an estimated $300 billion of extremely delinquent debt yet to be liquidated to the secondary market, there is a a lot of opportunity to reposition these loans, keep folks in their homes and make a very nice profit for all involved.