If they don't pay your judgement you file it as a lien at the courthouse and they won't be able to get a mortgage to buy their home until that judgement is paid because that lien would apply to any house they buy and be in 1st lien position BEFORE the mortgage.

You'll end up with a dog that you can't unload at the end of the day when you've dumped thousands of dollars into it with no positive return. 

The people that reached out to me that did sign up weren't very positive about it. 

The lender is now overexposed (perhaps at over 100% LTV) which is a position no lender wants to be in for obvious reasons.

All of that said, nothing you mentioned sounds like you are in a position to evict anyone.

This decision not only maximized immediate profits but also enhanced positioning for future investment opportunities, demonstrating adaptability and a forward-thinking investment approach.

And in a few months, you will be in a good position to crank up your cash flow.We start advertising 4 months before the next school cycle with hopes of having signed leases and deposits at least 2-3 months before they move in. 

So my cash flow is poor for my equity position (it would be poor even if they were all LTRs, but better than it is with 2 STR and 2 LTR).  

Im just now realizing our potential with the first investment and had no idea what a great position it put us in to move forward.

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