In fact, even wholesale "deals" are regularly getting bid up to absurd prices.

Home values to median income are already absurdly stretched.

No one said all poor people are stealing your making up a false narrative as far as defense I’m happy to pay for that .

Because of this false sense of security you have been duped into believing you are actually setting your self up for trouble, not avoiding it.Ca recognizes this risk and slaps you with an $800 annual filing charge for each and every LLC you report under for BOTH in state formed LLCs AND out of state formed LLCs if you are a Ca reporting resident.

This is simply a false premise for your whole clickbait post.

Anyway, it's just absurdly easy to manage a property when you live right next door.

That is false advertising and it is illegal.

Like I said, the fee is credited back at closing and the only way the borrower would not receive it back is if their information given to us is false, which is in black and white in the fee agreement.

They create the false idea that mailing the pre foreclosure lists will get you tens of deals and that deals are easy to get.

Then those owners renting out a SFH may choose to sell due to the increased taxes, but these homes would be picked up quickly by owner occupants, due to the absurdly low housing supply.