I only brought this to the forum seeking information that would add value to the disposition of the deal.Thanks for the clarification.

Looked around the site, I only see lenders, property managers, agents, brokers, etc. but not developers?

Down payment should be about the same (20% on a buy-and-hold) but you'll see an additional $3-$6k on average in CC and the ability to keep it off of your DTI/Personal credit along with hopefully no more hard inquiries on your credit (many lenders will accept/perform a soft pull).

I think what you describe is pretty much standard performance for rental properties if your not paying cash and I am just assuming your putting max debt on them to try to get your return numbers into your criteria..

I'd stay away from Del Toro for non performing notes, especially.

Thanks for sharing more details - we do agree that the PMC seems to be lacking in performing their services. 

I only have a report stating the for November our electric was $295.

It is also likely that property insurance nation wide will increase substantially.Hopefully investors are performing conservative underwriting.  

Most are performing well and a couple of them are in the middle of dealing with evictions. 

Haha, but you know what they say - past performance is no guarantee of future results.