Optimally, these would be 3br/2+ba units, in which case they will often cash flow even while functionally obsolete.

They are not cops or the court, so Im not really in trouble yet supposedly.

I understand that in owner financing, I would have to foreclose and then eventually repo the house through the court system.

@Bill Gulley that info came from my CPA of 20% or less rent credits, based on US federal tax court law.Dodd Frank and SAFE Act are different issues.

I have a real hard time going with someone who had made their last landlord take the time to go to court and sue them for money.

ONLINE: Search engines Spokeo Social media Ancestry.com research Skip trace software - TLO OFFLINE: Neighbors Letter carriers Couriers Utility readers Genealogical researchers Court records Observation Private Investigator Aerial surveillance - UAV's (Drones) ?

There are numerous posts about partnering on deals, use the search function in the upper right hand corner and search for "partnerships" or "JV"A private "lender" would not just send the cash to your bank account.

The search function on this site is powerful, use it.

If the populations you are working from need be trimmed down then you would apply filters based on your own internal criteria from whatever data points (those given or those revealed as a function of diligence) you have.

If the damages exceed the deposit you can ask your tenant to pay the costs (desired) or take them to small claims court (undesirable and costly).Instead of worry about the worst case scenario, which can happen, I would focus on your tenant screening process to prevent these issues.