I believe it goes back to what the agent said individuals who have been pre-qualified but when the bank makes it's final decision they don't meet the criteria of having enough for closing and three months of the mortgage in savings people or the other numerous stipulations. 

If the LL is a big organization like a REIT they may be unwilling or unable to negotiate lease terms with individual tenants.Or maybe the LL just thinks their space is hot enough that they don't need to negotiate as another tenant will accept the default lease terms.

Individual properties AND an umbrella liability policy.

My guess is yes, but you cannot hold more than 1 month's rent as security deposit and the amount collected must go into an interest bearing account (which is .05% today) - 1 account per tenant OR you have to keep track of individual interest allocated if you co-mingle money.  

I have noticed anyone and everyone in South Florida thinks they should get a real estate license; I would be a proponent of making it much more difficult to et a license, maybe resulting in individuals getting a license as a career choice, not a weekend whim.

I'm going through the county records and I keep seeing tax liens held by a third party (LLCs, individuals, etc.).  

I love meeting all of the like minded individuals.  

There's numerous reasons for this which are outside the scope of this post.

:-]I actually DID drive by the properties to the individuals I was going to send that particular letter out to though, though I realized the "pile of cash" part sounded tacky, thanks again for confirming that realization!

As a hands on individual who lives at the outer edge of a major metropolitan area, I'm curious if investors from the "big city" who are looking for more affordable markets would find benefit in the assistance of a fellow investor native to the area (to help vet properties and/or act as a property manager).