The landlord was lazy and did not fulfill his duties.If you have a good tenant who is out of work then they will use their unemployment and/or will catch-up in their future payments.Screening, screening, screening.

And with news like over 50% of renters say they lost their jobs, the fact you can't evict, among so many others, it seems like trying to catch a falling jackhammer.

She put up game cameras to 'catch us' on her property and clearly and violently told us to stay off. 

Instead I had to catch it on the last line of a contract and ask

Works better if you can put up the 20% first, you close on the property with your 1st position lender, and then execute the 2nd mortgage with the seller that essentially reimburses you the 10%.Done it before but there are catches: typically will only work with a commercial loan, conventional lenders generally won't allow it. 

@Pete Storseth sorry I did not catch this earlier. 

My wife and I started pursuing buy-and-hold MF homes 3 years ago in West MI. We're at 12 units between Grand Rapids, Grand Haven, and Muskegon. It's been going great but we'd like to transition to the BRRR strategy on...

I have looked through several times just to make sure I catch all the information in it.

You are putting your money to work in two places at one time and will achieve a higher overall growth rate, but you must catch up to where you would have been if you simply invested directly.

Typically we can find deals between 1-1.3%, anything above that is rare and if you do find it, a lot of guys are moving that to the next guy and catching the spread vs. keeping it.