Everyone that doesn't work out is another step toward the one that does.

Your buy and hold strategy should work out well.- When the market is good: Sellers are less willing to get into these deals, but you have a larger pool of Buyers.

This negotiation is all done through communication with a bank's loss mitigation or workout department.

It's just prolonging the inevitable and increasing the intensity of the downside when it finally arrives.Mike

This investment will be very management intensive and may require the best manager in the world to be profitable(you!)

While it is much more time intensive, it has its rewards.

Student rentals are extremely 'hands-on' and 'management intensive'.You'll get to deal with both the entitled spoiled brats AND the parents who raised them this way.

Recently, I have found out through others’ comments that renting a property and managing it is very intensive work.

As to whether or not you think you would rent/L/O/owner finance a borrower who went through a workout including a foreclosure, DIL or short sale, I probably would not put them in one of my homes.

I agree with Tim, as a former Paramedic, I have a rather broad range of experience with all street drugs, On one hand I am a fairly staunch conservative, On the other I can confidently say that I don't believe I have ever ran a ambulance call for either a car accident, domestic violence, or assault where Marijuana was a main contributing factor, I believe it should be intensely regulated at least as much as alcohol if not more, and that street dealers should receive increased sentences and jail time for selling without a license and tax evasion.I think it should have its own tax bracket concurrent with cigarette prices, But I can attest as to thst because your not seeing it, doesnt mean its slowing down or going away, The city I recently moved from is one of the largest producers of meth in the country, and it is only getting worse.