Initially I had a feeling you didn’t really know what you’re talking about but now it’s crystal clear you have no idea what your saying and you are more than likely just another misleading , Detroit PM nightmare like 99% of the other PM’s in Detroit with all sorts of hidden fees, secret add-on’s who work against the tenant rather then with them so they end up vacating and you guys salvate over another nickel and dime placement fee.The question ‘why’ in your first comment has absolutely NOTHING to do with it I am simply sharing my experiences.

Not exactly a secret specific to Louisville, but anyway... while I'm not familiar with the entire county (which is the city), I've watched the neighborhoods inside I264 and just west of that for 15 years.

Just like in other investment avenues, there are no secrets in real estate.

There is no secret sauce to getting/finding properties other than what is already told out there in the real estate market - 50% bootstrapping 50% luck - same as finding a great wholesale deal.

In spite of all that work we discovered that the hot water heater didn't work (they didn't bother to replace a $300 water heater that their initial 4 point inspection stated was original to the house (1983).  

This clause is a significant risk because if the lender discovers the transfer, they can call the loan due.Although many lenders do not routinely enforce this clause, especially if payments are current, it is a risk you and the new buyer must understand and accept.Disclosure:Full disclosure to the new buyer is crucial.

As you've already discovered, dealing with their cosigner can also create a lot of extra work and come with problems, particularly if you have a helicopter parent or two.Home care for four residents?

The secret is learning how to be not only satisfied but pleasured by the journey and the effort.

The fact that you discovered concerning information about the male tenant's past after signing the lease complicates matters.

My score is about the same as yours, and I applied for Discover 6 months ago and got a $10k limit, then AMEX 3 months ago and got $15k.