Arbitrage is one of the most challenging models to accomplish nowadays.

.🔹 Insurance Challenges – Even when insurance pays, it rarely covers the actual cost to completely rebuild.

You can use that scenario as a learning experience when you may or may not encounter future challenges. 

However, if you hold a 30-year-old depreciated property for 10 years then it's going to be challenging to exit.

You could form a month to month lease with a just a days notice to vacate so you could end it as soon as you get your license ready to close, the seller might be open to it.https://www.hostaway.com/blog/rental-arbitrage-joshua-tree/Or, you could continue to list on the seller's Airbnb and you could become a full-access co-host on their account - handle all communication, pricing, etc.

If you have more than 4 or 5 loans, then you might want to engage a sub-servicer to handle the billing and payments.

@Hedman Maximus too many investors worry about DIY pennies, while losing dollars - which it seems you may be doing.Why can't you hire a PMC to handle the properties for you?

We bring/offer the mortgage loan investment to the group & handle all the servicing, including chasing the monthly payment/insurance/taxes, foreclosure, etc.

A tenant complaining online might indicate that the property manager handled them appropriately, so be sure to ask the manager for their side of the story.7.

Reliable, thorough housecleaning services can be challenging to find.