Usually takes 3 years to cycle through customers till you get a base of good customers.  

Those types of properties are usually pure cash flow options.

If the class of neighborhood is C or D, this will be more difficult/ In terms of getting better bang for your buck, usually the strategy would be to buy a little beatdown home in a nice neighborhood, as this tends to get you a higher value once you put a bit of work in.

For what it's worth, while a joint and several guaranty is most common, I've seen and have been a part of transactions where the parties negotiated limited guaranties for each guarantor (usually based on their % ownership) adding up to the 100%.

Although it is stressful at times, you'll have a team guiding you and you'll usually have ample time for preparation. 2.

Leaving that extra 5% pad will help you if your ARV if slightly off. 

If they make x # of calls they get something and extra for every appointment

The rates are competitive, but they require a larger down payment, usually around 50%, but your client could get in a great 3 fam in Bushwick, Bed Stuy, etc. 

Usually tenants don't even bother to show up to court for my cases... and if they do, they would almost certainly not get into finer details like this unless they had an attorney.There are attorneys that specialize in evictions and will likely give you the best rates.

Considering you can get 8% on average in the stock market and it takes no work and is extremely liquid, the extra 2% is not compelling enough to switch to real estate.I assume you are talking owning a property outright.