That area doesn't have a lot of duplexes or triplex or fourplexes i have flipped many homes in that area and basically its not a lot there its a good area for single family rentals but get in line its so many investorsin this and surrounding areas its very slim pickings.

Don't mean to be discouraging, but your chances of buying a specific property in this way are slim. 

I think the chances of collecting are slim to none.

(I'm their accountant) I don't see much justification in adding the expense of borrowing money to the already slim margins.

That's another matter, you don't take some slim ball's word for it, check his name in deeds, is he buying?

They get 8-10% for a year, upfront costs paid by me, then a slim chance of having to jump a couple hoops to get it back if I fail to pay.If someone came to me with a deal that is as solid as I'd feel comfortable taking to someone else, I'd jump on that.

Hi,I'm am located in an expensive real-estate market (Los Angeles) so my options for buy-and-hold SFRs or MFRs are slim-pickings.

If you're willing to invest in places like Irvington or Trenton, you might get lucky, but the chances are extremely slim.

It's not that slimming down and infusing capital would not work, but why do that when such an opportunity exists to slash and burn?

They'd have to do some serious theft & they would be going to jail.Regardless,, finding someone to rent a place for $3500/month is probably going to be slim pickings, even in DC.