It's pretty easy to see that real estate proces peaked around 2007-2008 and then crashed during the Great Recession.Around 2011-2012 prices started to recover and got back to their pre-Crash highs around 2015-2016, but really 2018-2019 when adjusted.So, why are newbies reading books written BEFORE 2019 and thinking that you can still successfully invest using the EXACT advice in these relatively "old" books?

Being out three months of rent plus $1,500, I'd be better off handing back their SD and forgiving the month of rent they couldn't pay.  

VERY unlikely unless you either source an off-market property yourself or you find a unicorn deal (our last semi-BRRRR was a B-neighborhood property we sourced from an out of town wholesaler in late 2023, but couldn't get all our capital back out on refi).  

If he’s refusing to provide that, I’d take a close look at your management agreement to see what’s actually required.If he keeps pushing back, that’s a red flag.

The national organizations can have a lot of money backing them from Alumni and it would be a very long term lease. 

I provided a free rent back for 2 weeks so the seller could get her funds and relocate.

Of course, at the end, he plugs a masterclass with more specialized small group training for $3000 (money-back guarantee if not satisfied).

A lot of DSCR programs I'm familiar with don't cut back LTV like that until you get to 5+, generally 1-4 units are classified together with maybe some kind of rate adder for 2-4. 

Actually, I take that back....investing in a course to learn how to make make these loans is an even worse investment. 

Once they sign the lease and pay the deposit I credit them back the cost of the background checks off their first month’s rent.