.🛑 Unrealistic ROIBeware of deals promising excessively high returns without proper collateral or penalties.

Starting initially on the West Coast in San Francisco and other cities in California, companies like Waypoint, Invitation Homes, American Homes 4 Rent and Tricon began to enter the single family rental asset class with lots of cash and an appetite for disruption.

Our tenant vacated our property, leaving extensive damages that surpass the security deposit. How can we effectively pursue the charges if the tenant refuses or ignores the responsibility to cover the repair costs?  A...

(depending on the lender this will be 6 months - a year)  If you're able to find off market distressed deals you can still find reasonable cashflow but still have the appreciation benefits of a bigger market.At the end of the day, it boils down to what your appetite and long-term strategy is.

@Jordan Fair It has nothing to do with any "laws", only the different risk appetites of individual lenders and their guidelines. 

Paid off, this home is generating about $50,000/year in cash in excess of property taxes and insurance. 

Some banks are seeking excessive reserves which impacts leverage/cash contributions required.

Has anyone found any private lenders that have an appetite for such deals? 

Let’s say one has an excess of $500k that is in a high yield saving account earning around 4.5-5% APR.

That seems excessive.