Obviously their tolerance is different from mine.  

Various factors are out play with tolerance for risk etc.Example someone making 50k a year trying to quit the rat race and in their 30's in age might need the capital to work harder at a clip of 15% or more.

Get another W-2 job until you get the RE thing going..... the job doesn't have to be your dream job or life long plan..... it just needs to be tolerable and give you a steady income that you can show to get financing etc.

I don’t want to condone a lease violation and won’t tolerate illegal activity.

This is often mentioned because active investors are looking for this sort of product, and the reason there are not companies offering it is because of the amount of risk involved in doing this type of loan, especially in the current economic climate.I just want to explain from a lender's standpoint why this might be above a lender's risk tolerance, so you can possibly find another alternative.

What is your tolerance for pain?

It also depends on the structure you want/can put in place and the associated costs, the equity amount you want to protect (50K might be high for me, but you might not blink till higher than 500K), your risk tolerance, all subjective measures.If you group them together in a LLC, or if you use a Series-LLC, as long you keep clear bookkeeping/accounting, you can have multiple using the same bank account.

Hey @Cody Revel all 3 options are viable depending on your risk tolerance.

Depends on your tolerance level. 

You won't tolerate disrespect,  and tell him-- it's your choice to be here, he can leave at anytime, no questions asked-- but if he stays, the relationship must be professional and respectful, or you will cut the cord and not renew his lease.