By this time 18 months have passed and the property through neglect, no maintenance, loss of tenants, etc. may appraise for significantly less than amount owed.  

Did someone recommend this 

I might be able to assist(Feel free to send me a dm if you dont want to disclose this information publicly)

Bigger Pockets isn't letting me include his contact info in this post, but it is easy to find online 

You can make an election (be sure to speak with your CPA about this) to treat all of your rental activities as a single activity.

Hope this helps!

Purchase price: $515,000 My vacation home on Grand Lake What made you interested in investing in this type of deal?

Ive scrolled thru countless forums, thru BP blogs and even tik toked as close to this question.. 

Quote from @Padam Neopane: I would not attempt this on your own, especially the first time.

I stand corrected:)They do have an office in Metro Detroit and while we're far from perfect, we seem to get a lot of their unhappy previous clients.In our opinion, they built a system for Class A rentals - where tenants have 680+ credit scores and rarely have to be evicted or trash properties.They then tried to apply their processes to Class B & C rentals and that's when their service issues increased.All this caused them to recently significantly increase their Flat Fee pricing and monthly minimum charges.