Unless you've got deep pockets, a thirst for the edge, and are lawyered up it's probably not something you want to attempt. 

If you said the property was valued at $200k, then 2nd position may still bid in an attempt to run up the numbers depending on what kind of haircut they're looking at. 

Quote from @Jackie Liu: Hello BP member, I have a friend who currently owns several SFH rentals that is currently managed by a PM in Indiana, according to them the PM has been unresponsive for 3 months, all their attempts to reach the PM has been uneventful (phone, message, etc.).

After several attempts to try to figure out a solution with our rep with no success we asked to speak with his manager.

If a problem arises with the property, the City will attempt to contact the owner and hold them accountable.

If he must attempt to get the low interest rates of 2021 on this deal, I suggest that he instead look for assumable loans.

I havent even attempted it, I like the idea of them and networking in general.

I think that the attempt to scale super quickly is more dangerous than whatever the first raise is. 

lol, bro, he's been involved in an attempted murder twice in the last 6 months.

PM made a couple attempts to collect and then offered to cover the damage because toilet replacements are not that costly and continuing to pursue the damages did not make sense for them.Airbnb is supposed to cover guest damage but if they refuse to pay for guest damage their insurance has reduced value and cannot be relied upon.