But there are many things that can be done to greatly reduce the chance.For example, many sponsors are audited which provides an additional set of eyes.

This will provide you experience, a story to tell, and the credibility needed for adding additional clients.I'm happy to discuss more.

Of course unless your buying defaulted notes at the get go then again as Chris mentioned this type of fee should be handled up front.. and if it new origination your making and then they go bad.. in your foreclosures you can charge the borrower these fee's when they cure or add it to you opening bid and when someone buys it at the court house you get repaid..

It never hurts to have an additional set of eyes to look after your property.

The 50% is rather deep a cut, especially with all the additional operational expenses not included into that 50%.

Any business could do this with their services and the savings would certainly justify the additional effort.But if you take advantage of the new law, wouldn't the renter do the same?

Feel free to ask any questions here.In addition to a "Facebook community", how about a Slack channel?

Cash-flow is for "keeping the lights on" as in covering operational expenses to defend against any need for additional capital investment. 

I currently don’t have the financial ability to invest additional funds into it.

Additional charges will be added to the next month's rent and due and payable at the same time.