Large deposits are nice, but very difficult to actually get access to escrow funds in the event of default.

You can access that article here https://naahq.org/application-fraud-search-silver-bulletsRegarding Chicago and Section 8, YIKES! 

We added value by furnishing the property, added 2 decks (one for a solo stove, and one for a large hot tub), improved the gravel driveway, mulched the landscape, and added a lot of string lights.

I did go look at it, knew it was accessible by dirt road, and did a lot of research into who owned the easement.Won the auction, paid a tax title company to get clear title (right of redemption is 3 years). 

At the same time, someone else reduces your debt, and you get to use the tax code to improve your tax situation legally.  

Historically, full service management on the coast has been costly but in recent months management rates have come down and quality has improved.

Please advise.ThanksMel I'd recommend a local Independent Agency that has access to multiple markets including surplus lines

You might choose not to renew leases, make improvements, and then raise rents after taking over.

A break even into a profit, and a profit into a windfall. 3- Capital - I used to state this as access to capital, back when the rules were loser, the regulations less onerous, and information less readily available.

People interested in this type arrangement probably don’t have access to $150,0003.