There are plenty of ways to burn an unsecured borrower under predatory dealings where you lender lacks knowledge and was "talked into acting".

They are following instructions, but some things just don't convey so I'm back to finding a strategy that allows me to invest wide without burning out.

These are situations where an investor can capitalize on a burned out landlord. 

You're likely to get burned if you rely on face values from either site for your calculations.

They may short cut the fix, leave things wet, and create an environment for mold. letting an unqualified person work on electrical can be a huge liability if they get hurt or burn the place down.

Secondly, there are a number of realtors who have burned sellers knowing that a lot of investors are out there, by getting the seller to jack up the price of the properties knowing full well that the prices are too high for selling.

So, basically, don't put the onus on others to be completely trustworthy when their whole world has started to crash and burn - do your own research on the status of the property and here's hoping that you'll be able to help your contact out..  

Originally posted by @Xavier Grostabussiat:Yes, not the perfect tenant as there has been missed payments, a good amount of late payments (a week or two) but in the end they always pay and they take care of the house so I work with them too.And now they have money to burn? 

well you can thank the internet  sites like BP  late night television evangilist RE guru's webinars podcasts etc etc.. facebook.. linkdin  etc etc. and the burning desire from many to get rich as absolutely quick as possible and some irrational idea that real estate is the way.. take the bar to entry is non existent and you have a lot of beginners.the reason you have all this wholesaler activity is because the market has strengthened and they can't buy a home like they could pre 08 only way to jump in with no money is try to pimp deals.

I suspect he will lose between rent .. and having to rehab it for real again 5 to 10k right out of the shoot. and to make the statement glad I had reserves. .well anyone buying a rental without substantial reserves is just a crash and burn waiting to happen especially in low end areas like this.There is a reason most TK companies of high repute refuse to work in these areas anymore..