With a turn key provider, I would say that you can get some good property and that is definitely an option, but it can be difficult to decide who to use and who is reputable and then to actually look after your portfolio once it is purchased, may be a different story especially if this is a long way away from your home base.  

We lost his money on one, and while it didn't hurt the family dynamic, my wife and I hear about it from time to time (the latest being that he is still burning through his losses on his taxes, since he doesn't have enough passive income/gains to use the whole loss yet).Stories I have heard: there are families that have been completely decimated by going into business together, and there are families that have run successful multi-generational businesses. 

Hi All, Turning to the community here for some assistance again. I was recently notified during the process of applying for a HELOC that there are two unsettled hospital liens against me. I spoke to the county clerk a...

@Christophe D. this appears to be a very minor situation when at least compared to other tenant stories shared in the BP forums.

What horror stories have you heard?  

Years from now, this will be just another one of your real estate war stories.

I heard crazy stories how they ended with wrong profile and the way they are charging home owners for repairs.

I wouldn't want to pay an extra months rent either :) The story is perfectly plausible

If you have any experience with this loan, please share your story!

I can call expired, vacant, lien, pre foreclosure, obtain timeline for selling (or listing if you’re a realtor), condition, motivation, price, and run comps (equivalent # of stories, .5 miles (not crossing major freeways), same # bedrooms, sq ft, whatever parameters you want set).