I'd be happiest being quite an active investor and property manager.Of course, given my wife's job there's a also a huge incentive for me to qualify for real estate professional tax status and (if I'm reading things right) maximize our paper losses.

I would be willing to do business with them again.My overall comment is that they are "Expensive But Worth It".Here's the story:  I wanted to buy a property which had serious bad paper After six months of negotiations with the various parties involved, they agreed to do the deal, on condition that I close in 7 days. 

We spent about $9,500 on furnishings including furniture, electronics, kitchenware, bedding, towels, etc.Hope this is helpful!

The 2 best options I've found are DSCR loans and/or a local lender that does not sell the loan (they hold their own paper). 

A guy like @Chris Seveney who has a fund that buys paper if your at 50% he may take a swing at it. 

Everyone is happy to put their pen to paper as a cosigner, but the majority of them refuse to pay when they see a bill.

Something about the photo is triggering the rejection.I ended up pulling a photo from the MLS and cropping out the hideous towels they had hanging. . . . 

I know many people who have lost money from buying low priced "cash flow on paper" Class C properties (myself included).

@Rajagopalarao PaidiRaj, And even if it looks like it will be cash flow positive on paper that's not necessarily accurate.  

In such cases, the borrower must provide evidence of the increased family size, such as birth certificates or adoption papers, and demonstrate that the current home does not meet their needs​.Vacating a Jointly-Owned Property: If a borrower is vacating a residence that will remain occupied by a co-borrower, such as in cases of divorce, they may be eligible for another FHA loan.