Rich Dad Poor Dad is mostly everyone's starting book.

This is not an uncommon business plan, and it is usually carried out by operators who are poorly funded. 

Lots of Homeless wandering the streets aimlessly day and night in L.A.Is your TOC Project to house them or the working poor?

I read Rich Dad, Poor Dad.

Because tenants in good buildings don't want to lose their homes whereas tenants who have been treated poorly over the years certainly don't care about their sleazy landlord's financial problems and they don't care as much about getting evicted for a crappy apartment.Personally, I only had two more late payments than normal during the height of COVID.

Best bet is to find that for any area you are looking into to get confirmed numbers.

If you have not, great books to read are:• Rich Dad, Poor Dad• The Millionaire Next Door• Cash Flow Quadrant • Tax Free Wealth• Set For Life• Rental Property Investing• The Millionaire Real Estate Investor• The REAL Book of Real Estate• So Good They Can’t Ignore YouYou are more than welcome to reach out if you have any questions.

If you have not, great books to read are:-Rich Dad, Poor Dad-The Millionaire Next Door-Cash Flow Quadrant -Tax Free Wealth-Set For Life-Rental Property Investing-The Millionaire Real Estate Investor-The REAL Book of Real Estate -So Good They Can’t Ignore YouYou can also click the network tab and look for events in your location to start networking with other investors. 

(frankly to me it sounds like the deal didn't fall through,  she is hedging her bets)

I believe that the best bet with both strategies is value add real estate.