Many people miss out on things like this because they simply are not aware of these options.

@Grant ShipmanIn my experience with these units are very difficult to manage and people at the 30% level also create a new set of problems.

people will sue for anything these days. 

Well, this my opinion, if you like unpredictability, constant change and people/contractors with no regards to you or your property then "YES" flips and STRs are the way to go...LOL....I love it!!! 

Was wondering if other people went down this avenue

I'm going to buy my first property within the next couple of months and I'm curious about how people manage their properties when they are not within a driveable distance of them.I understand they have property managers but where do you find them?

Lots of people rent houses for parties as well, and you won’t be able to do anything about it.  

I am not a bankruptcy expert, but isn't that procedure used to release people from existing debt but not monthly expenses.  

Just curious what people have ran across to build these days?

I've had people put down $30,000 or even up to $50,000 as an option fee.