In one case, the elderly owner went to a nursing home, scammers found out the home was vacant and owned free and clear, had a deed filed changing ownership to them, got a mortgage for $250K, skipped town.

I like out of state owners over 50% equity, mortgages over 10 years old, sfh and multifamily properties, ownership in personal name, etc.  

However, not only does the blockchain act as a public ledger for every financial transaction on the bitcoin network, it can also be adapted to suit other needs such as file storage, property ownership, trading of assets, or even verifying the manufacturing process of medicine.

Again, that is why it is so important to be sure that you work with the right people on the right opportunities.Things to Look ForIn my experience, it’s good to ask for the following on any opportunity: The numbers (What is the sponsor’s ownership of the property?

What are the options/possibilities of refinancing a $900k loan on a 20 unit after first year of ownership and operation? 

What if all of the tenants bolt the first month after I take ownership? 

Those are ownership records, right?

Here are some of the pros and cons that I see:Pros:Property management costs would be lower over the life of ownership due to proximity of homes in portfolio, low maintenance flooring, siding, etc.You could build them with more robust systems(HVAC, plumbing, etc) knowing they would always house rentersYour portfolio would be concentrated as opposed to spread all over a geographical areaYour exit strategy would be super attractive if you were to sell as a packageQuicker than purchasing and potentially rehabbing an older property, and accumulating them one by oneYou could sell a percentage of them to recoup a portion of your investment, and rent the rest, which should put you with solid equity from the gateCons:Entry costs and length of time from start to first months rental income for constructionFunding the construction, or finding the right lender to fund such a property/developmentKnowing the correct price point of the finished product, or what the community is lackingLocal zoning or possibly being prohibited to build SFH to rentHigher construction costs vs. multifamily(apartments or townhomes)I know there are many other strategies out there, but as one wanting to accumulate a nice rental portfolio, this seems to be a solid approach.

You can ask new lease holder to sign your lease but if terms are not equal he can stay as is and that's that.Post on entry, and deliver to door your name and emergency contact information , who and where to pay, as of date of ownership, Seller should also do same notice to tenants introducing you as new owner.

When pooling money from different people an entity not only provides asset protection, it also allows you to clarify various tax and ownership related issues.