I think they smoked inside since they had nothing to loose at that point (stopped paying rent). 

The beneficiary looses ability to control the land trust.

He does not handle evictions themselves, just the collections.It's been nice to cut him loose on deadbeat tenants, and get back payments over time for judgements against them.

What this means is that tenants are bound by the contents of an estoppel certificate.

But I will note (and admittedly I am only familiar with the CA markets from a distance), but for every true foreclosure/investor loosing everything in a syndication, I have read just as many stories about CA tenant that stayed in unit for 12+ months without paying.  

Barrier to entry cost for something "turn Key" (I know that a loosely used term in the industry but humor me)

Some PM advertise they won't charge a fee if you loose a tenant in less than 6 mos for whatever reason. 

My property management thinks he is qualified based on just 4 pay stubs, employment verification and one screen shot of bank statement (just total. )when I ask my property management to ask that guys to show actual bank statements ( not screenshot of avail balance) and w2.my pm said, “it’s easy to find fraud using screen shot. the more I wait the more I loose.

In harris county there is plenty of activity going on so im sure you're bound to find some RE investor focused clients or activity that you can jump start your network with.We're investor centric in our firm as well and have been since day 1.

We have policies, systems & processes in place to handle the volume of in-bound communication we receive on a daily basis.