@Caleb Heimsoth After it became clear that Clayton had no intention of performing on his buyback agreement, I sold it on the open market at a huge loss in order to prevent continuing lawsuits from Marion County for health and safety violations. 

Safety is important to me.

Armed with the knowledge and a little momentum from finding deals, continue to find more deals and lean-in to the economies of scale you are creating.

Habitat also works closely with land banks in some areas and could potentially get raw land for free and you could come in as the development arm to help them build multi-family or townhomes to help them have more of an impact than just one family at a time.

His safety is the priority. 

"for $___/year, we provide "x" additional inspections")6) Liability policy that covers tenant intentional damage, criminal acts, and unpaid rent when skipped or evicted (through insurance provider that provides this kind of coverage)7) Financial reports per quarter (as whatever period makes sense to you) (this can allow you to advise the owner on the health of their portfolio)8) End-of-year review of the property to show conditions and suggested needed and preventative maintenance items 9) Preferred vendor discounts (requires a contract with a vendor to give better pricing)10) Eviction protection programs (this is usually done "in house" when you have sufficient number of units under your management to be able to offer this kind of program)11) Legal services (requires agreement with landlord attorney to provide those services at set fees)12) Professional photos option (for enhanced listing)13) Professional, licensed home inspection (this is more relevant for older homes to ensure safety and habitability are addressed) 14) HVAC filter replacement program (this can also be a program offered to tenants)15) Pet and ESA screening through pet screening vendor (helps to streamline and increase quality of screening)16) Client portal account for ease of communication, updates, reports, etc.

It’s a fairly knew concept to the irs and they all don’t know everything about it, and sometimes a good CPA doesn’t either.We got called out on it but I armed myself with tax code law and cited them in my rebuttal.

I am willing to invest in renovating the place to reach profitability.What I am looking for: - Decent margin of safety as opposed to highest yield possible.- Low operational cost- Good seasonality markets- Should be easier to operationalize service via property managers remotely.What are some of the strategies that have worked?

What I see is there are many people from abroad who just want to park money here vs their home country due to inflation or some other reason who are willing to take minimal returns in exchange for principal safety. 

What would you say Don if a borrow called and said they were told NOT to tell you, to keep it secret, how high would the hairs on you're arm raise?