Here's the catch.

And I’ve heard a lot how people finaly take that first leap and get their first property bought rehabbed and sold and they catch “the bug” ( I can only imagine) but what I been hearing is how they get over that first hurdle of their first flip and then after that they just seem to go all in.

I am working to get the current tenants to pay on time, catching up on delinquents, auctioning a few units off, and working hard to fill the vacant units.

- so the disposal catches the food debris and chops it up??) 

With that being said I am curious what is the catch/downside?

Work with them to catch up.

Tenant was two months behind on rent but had clear evidence of lost employment, communicated well about what they were doing to try and catch up or seek assistance, and made small payments every month to show they were trying.

We had a negative cash flow of 75 / month the first lease year, but we knew it was an area that was too good of a deal to pass up, and we were forecasting the rent would catch up too.   

It shows a lack of understanding of basic human nature to think you can just send checks to people out of thin air and that many of those people will use the money responsibly (if you define responsibly as catching up on your obligations and using the funds for necessities).

I would still keep an eye on the MLS, call on properties that catch your eye when driving by, look up absentee owners.