As long as interest trended down they looked brilliant..

@Jamie Dupont From a tax perspective, you can deduct repair expenses related to the damages caused by the tenant as long as they’re for restoring the property (e.g., fixing holes, broken fixtures).

As long as it is a single member LLC you can just file it as a part of your personal taxesAll the best!

And the reality is  with most of CA being uber competitive as long as there is no collusion at the auction most of these homes would bid up to 70% or so everything being equal..

As for SFR a pre approval letter is of value because most institutional lenders will close the loan with the main qualification being the buyer himself, as long as the property appraises for a certain value.Loans secured by commercial real estate are much more dependent on the property itself and all its characteristics, not just the appraised value.  

I just look the other way as long as the rent is being paid.

As long as the investor does not expose himself to negative cash flow for long periods of time, over any 5 year and definitely 10 year period the real estate market in general should recover enough to provide a positive value change for most real properties.  

I was starting to get a little concerned, I always saw other people investing in this area which I knew came with its difficulties but as long as tenant screening and property checks out I know it would work.

I do enjoy my day job and hope to stay there as long as possible, with the hope of peeling off by 45 (just turned 40 this month) and after that would consider maybe using the cash flow to benefit me a bit. 

Also, if the sponsor is new, I am fine with less skin in the game as long as it is significant to their net worth.