There is a lot of Wholesalers (I will agree) who get into the business that have no idea what they are doing, and in turn, perform illegal acts knowingly or unknowingly. 

Has extensive multi unit experience.

If there are no concerns about the property losing value or neighborhood turning, or maintenance issues, and assuming that the property is performing well, I would hold.Maybe you will find something you like better *as an investment* and that will perform better and reduce your risk. 

What are the ramifications should you own the note, aren't able to modify it/get it performing again, can't get the deed in lieu, only left with starting the foreclosure process, and during the process the occupant declares bankruptcy?

What are the ramifications should you own the note, aren't able to modify it/get it performing again, can't get the deed in lieu, only left with starting the foreclosure process, and during the process the occupant declares bankruptcy?

I have gotten low as 5% from a very professional management company, but my rents were $2k each and they had several of my properties.My manager does not charge me fees when they go to the property, but their maintainance contractors do if no work was performed.

@Al Bigonia I use this chrome extension, it allows you to delete pictures and print only text.

I do not think it is a stretch that you could have 100k of equity after sale costs in 10 years.

.- Someone who has an EXTENSIVE network of contacts (builders, contractors, legal) to get me in touch with (not a 1-deep list of overpriced buddies, people with solid references and track records).  

Thats a pretty extensive number of properties.