When done correctly this method can provide liquidity, guaranteed returns, security from creditors, disability protection, and finally a death benefit.  

Credit and Liquidity Issues so when the nation's banks face a credit crunch, often caused by a higher prime rate, its profit margins and cash reserves can feel the pressure, resulting in decreased lending in the overall economy, and consumer spending. 

The new landlord is STUCK with those terms until the lease expires.

Have you done an O & E?

Expired listings.  

When I'm calling expireds and someone says something to the effect of so and so will cut their commission I use that as an opportunity to point out the agents potential weakness.

Sometimes these folks are self-serving.If you are looking for some guidance in finding properties, you may want to attend public auctions, track down sellers of expired listings, attend rent and housing court in your community.Driving the neighborhoods is a great way to find unwanted real estate.Good luck

I saw that you tried to add me as a colleague but when I tried to accept it says it is expired, can you add me again?

Biggerpockets has a free e-book that will answer a lot of your questions as a beginner, and from there, just keep learning.  

Review the IRS form Schedule-E to declare income and expenses