That alone is a book to address the issues and concerns.I'd suggest you find a property that fits your skill level, could just need paint, cleaning and a couple days of a handyman.

Pretty simple.It's when you get to the retail level when you need mass media forms to inform the public.

However, to avoid such situations I would have a two-level approach.First: Before accepting tenants, I would interview them with probing questions like "how long were you renting in your previous place" or something like "Where do you work".

How well versed are you on the cost of renovating a property to the highest investment level (so I don't have to see it before making an offer)?

It may be accurate that those have reached the level of an advertised program no longer have time for one-on-one communications and have moved to a businessplan of volume and are no longer actively "in the trenches".

TO get to the current value use "comps" of properties in good condition, or similar condition to the level that you intend to renovate to.

Then do a rent level rehab.

No matter your level of trust, you have to rely on the wisdom and decision making of others, which you can find to be frustrating at times.

To my knowledge there has never been a "cram down" reduction of principal amounts owed in any ED process, only through bankruptcy at the federal level.

basic economics (at individual/corporate/govt levels)If expenses > income, the end result is?