$550/unit rent will have a very large percentage of the rent consumed by maintenance/cap ex.  

And I only consider collections for items other than medical or consumer debt. 

Currently going through the steps of consuming the loan.

Finding a contractor, meeting them at the site, chasing them for a bid - and then repeating for the owners that want 2-3 bids, is VERY time consuming.

It will be reported on a typical consumer credit report.

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I have in my Amazon cart Karen Rittenhouse's The Essential Handbook for Landlords.

Without conventional financing, the property should beat significant discount. 2) at those rent points, the maintenance and cap ex will consume a huge percentage of the rents. 3) I think it is unlikely that a rookie can finish a gutted unit for $15k, excluding if they do the work themselves.  4) the price point makes clear this is zero appreciation market (I.e. appreciation does not historically exceed inflation).  

Clearly, late penalties applied against the entire loan balance, not just what was owed that month, would be considered unconscionable.I didn’t realize until I just reread the summary that the CashCall decision was for consumer-purpose loans.

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