Quote from @Chad Verde: Hi BP,I have quite a bit of equity sitting in a rental property I own.

I hope everyone scammed here is able to recover at least some money; however the subject “guru” appears to be quite adept at dodging responsibility and consequences.  

The property value has increased quite a bit since then and i would like to increase it, but i wasn't sure it they would entertain it being that its an investment now and not my primary home.  

He said the guy is over seas and want to close by 4th which is quite doable.

But that's in the past, I  no longer accept tenants in toxic Seattle, I've quit.

I have quite a bit of equity in a couple of properties and have been debating my next steps.  

When successful it is quite rewarding and can lead to favorable basis and financing opportunities but there are certainly risks and its important to have plenty of reserves and be realistic with time frames.

It definitely has a learning curve but it is quite robust.

It is quite common to conduct a move-out assessment for damages and apply the costs against the security deposit (SD).

In my first two years of management, she earned over $20,000 net profit, the property was in better condition,  she could quit her full-time job, and her health significantly improved because she was no longer stressed.