(you do not pay the taxes you lose the house, and you do not pay the insurance the lender will put insurance on the property for you)  Assuming the properties are showing up on your tax returns the income/loss will be calculated from the returns using this form:  https://content.enactmi.com/documents/calculators/Form1038.C...The form will allow you to add back your paper loss of deprecation on your returns as well as your property tax, insurance and mortgage interest deduction as those last three are already taking into account into your payment as mentioned in the first paragraph.

I'm looking for ways I can "protect" this private lender. 

My lender is requiring this and I need to find it ASAP.

I saw people do remote management for short term rental, wondering if this can be also applicable for a remote long term rental. 

Think of a tool like FollowUpBoss, but for PMC's and MF professionals, instead of realtors.We wanted to create something that can aid a standard PM software, and help PMC's expand thier portfolio without having to onboard a bunch of agents, automating the entire leasing process.Do you think a tool like this is needed?

Am I unreasonable to think this? 

This is the place to be if you're looking to learn and get into RE investing.

Thanks for all your inputs making this a useful forum

This is circumstantial and market dependent but something you should explore if this land falls under this category.

Purchase price: $325,000 Sale price: $365,000 Wholesaled this 9 house portfolio on creative finance terms to the end buyer.