There are just a few very unique situations in which I (myself, personally) would willingly take on boarders.That being said, there are ways you can make it work.

For the mentor it is an opportunity to scale his business in a geographic region that he doesn't currently live in.

Use the Wizard to create the List of Accounts unique to the business.For rentals, typically we use the CLASS as a means to identify the property (not the doors) and every invoice / payment is targeted to the correct class. 

I spent time searching for good deals on attractive light fixtures, fridges and dishwashers, flooring, bath/ kitchen fixtures, door handles, built-in bookcase, etc that would give my units a unique and quality feel to them.

A regional or community bank that holds their loans and doesn't package and sell it using fannie mae and freddie mac guarantees might just do it.

Hi Kevin,I would have to know how the loan became a foreclosure.Is this a local, regional, national bank, credit union??

Since she has often been the only unit listed she has had a unique "lack" of competition.

Each house is unique in most aspects....energy bills vary greatly depending on the construction of the individual home. 

That $5k is going to happen either way, it's just a matter of when you find out, so I state up-front what the deal is with Transfer Taxes in the Bay Area and quote the city with the HIGHEST transfer taxes in the entire region up-front. #26 - As an investor, you should be more worried about timeliness and reliability, provided no lender is offering rates that are crazy.

Since insurance companies value properties at the replacement value, by region and not what you can replace it for, many properties are really over insured, IMO.