there may be relatively minor problems with the property or there could be a major damage to vital components.From the properties that I've seen there is also wide disparity on what is insured/uninsured by HUD.

House is down and having to come up with major repair money and carry the cost.

For example, in Jim Rohn's book The Five Major Pieces to the Life Puzzle there is a short paragraph about little things having big impacts.

The new management told him to hit the streets because he didn't have a degree in a banking related major.

@Tim Pommett what did you major and minor in?

The numbers are stacking up and there is a major shortage of rentals, with double digit returns.Downside is I live in the UK but the returns in the USA are just too tempting but I will have to come over and be the project manager, I had nightmares on my first project in Siesta Key when I left the contractor to his own devices, so that will be my only choice

House was built in 2008 and should not need major renovations for at least another 10 years after finishing rehab.We are trying to figure out whether to rent or flip.

I think this is pretty conservative in case I run into the high turnover and major repairs which are sometimes more common in these types of rentals.I also believe buying properties at such low purchase prices allow newbies (like me) to learn and make mistakes without taking huge risks.

Section 8 has minor issues and major violations.

And major lenders likely have much deeper pockets, again making it a far better market.Given the lack of consistent platform, the large number of investors, their relatively smaller financial interest, and their lesser degree of technological sophistication, my guess is that this idea is not viable at this time as a separate company.