There are numerous benefits; termite free, fire proof, reduced insurance costs, they can be assembled quickly and theoretically cheaper.

There are numerous brands and slightly different formulations.

I can also try and get him to sign a Deed in Lieu of Foreclosure...which should hopefully make things smoother.My real estate agent suggested to put in a clause so that if the borrower defaults they can just turn over the deed to me and if he vacates quickly and leaves the property in good condition I will reward him with $1000.

There are numerous dialogues on BP on the costs associated with rental properties and how to evaluate potential deals.

Patch of Land’s execs have written detailed responses to numerous questions about properties and risks and are incorporating the feedback into Q&A.

I have numerous deals that I am working with and many of them are ending up in the 73%-74% range.

My time and efforts are rewarded by you then cuddling up to a wholesaler/turnkey or better yet, you decide you can only purchase that great home that is move in ready, at $.30 on the dollar because you saw it on a infomercial and they said it can be done.

I can gain access to the MLS other ways, and feel the risk (liability) may not be worth the reward.

You can use different formulas to bill back different size units and the numer of residents in each unit.

I've listened to about a dozen of the podcasts, and read numerous posts in the forums...and they are absolute GOLD!