This is a great place to learn and to connect with people so take advantage of all the great resources.

I’d be happy to share some insights or connect you with more resources.

Learn and Network:Learn as much as you can about house flipping by using online resources, books, or courses.

If they fail to pay, then you can choose to try eviction or just hold the charges until the end of their lease and collect it from their deposit.

They may be a great resource for you to start building connections. 

Have you considered collaborating with them where you could pool your resources and directly benefit from their experience?

I am guessing they probably raised $15-25M from investors for the deal, so while the bank would still be covered investors would appear to collect maybe 10-20 cents on the dollar if they were to liquidate.if that's the case then I don't see buying one year really does anything unless I am missing something ? 

The type of due diligence all investors would like to do if they had the knowledge, the time and other resources.

If you ever want to discuss strategies, share experiences, or need additional resources, feel free to reach out.

Purchase price: $86,000 Cash invested: $2,500 After being done with Rich Dad, Poor Dad, several podcasts (including bigger pockets), and other resources we were desperate to take action.