What you have are wholesalers that can not demonstrate any acceptable level of expertise in real estate, no real measurable knowledge of law, title rights or any other aspect of what they may be involving a buyer and seller in.

As long as the rent rolls are in line, the house doesn't have any problems and it fits your business model, why wouldn't you?

Now another rental condo of the same model the tenant is complaining about loud noise from a chinese family living above my condo.

Flipping vs. buy and hold are two completely different models.

The financial modeling side of the work is a little more work to setup the proper evaluation models.

Totally agree with @James Wise ..".bad debt" associated with every business model...Mitigate..

Every month I host a meetup where I bring in Veteran Real Estate Investors to share their story and expertise.

Given that the grade of the area and building you described, I would model it off of the facts rather than arbitrarily picking some percentage that sounds acceptable.

Not trying to sound negative, just trying to create a more passive business model if possible.Has anyone figured this out?

The software is modeled after David Allen's book Getting Things Done.