Good thing for you, the data you need is right there in plain sight. 

While they have a much lower barrier to entry (thus you may have less to lose), there is a much higher risk the property would need significant work and if you were to take it back you may end up with an asset that has no value.

The only assumptions I'll change for this one is doubling the rent.Still losing $27.35 a month.

It's rarely a losing point for a politician to speak to voters (the predominance of whom are not landlords) and say that landlords are causing the trouble.

And if things were to go wrong, it would be easier to bail out or at least not completely lose my shirt over it

We should all happily comply for the better good even if it means going broke and losing our assets .

The sponsor is critical, but even the best sponsors get over confident, get too big and can loose sight or take their eye off the ball. 

@Wesley W.if you serve someone a three day notice and after three days you start the eviction process and they make a deposit into your account. it will avoid the eviction process and you'll lose out on the money that you spent with the attorney and have to start all over again

My theory is she's afraid she's going to lose her job if the property sells to another investor.

"IF" we did something with his property it could be under an LLC and the risk of him losing it would be low.