We started the eviction process.

Then repeat the process..

.- The whole process is simplified—no co-ownership legal headaches.I’m curious about the pros and cons of something like this.

@Divya Sarin Are you still in the property search process? 

That's the opportunity.I also recommend engaging an 'investment focused' realtor (not the general residential ones) to guide you through the process and provide you with market intelligence. 

I am a broker in the area and I'd be happy to help you through the process.

. :)We definitely want to invest in true vacation rentals as well but this will be a good learning process with not as much risk to start.  

Your screening is limited to ONLY what RentRedi thinks should be part of the screening process, and rent payments...well, you will be reported to the IRS for the fees RentRedi charges..and RentRedi will not give you their W9 to write those off as an expense.

The tenant has proof that the rent payment went through successfully and was processed.

They are very up front about the whole process and all the details.Before I go on, I want to make it clear that I am a small time entrepreneur and am in no way affiliated with the Capital Syndicate, Awesome REI or anyone else associated with this course.I bought the Capital Syndicate course because I wanted to see if I could apply it to a specific niche market.I bought all the add ons because I wanted to make sure I gave it every shot to work properly and because they offered a 30 day money back guarantee.