They never pay off, always end up declaring default via some means...Do:  - Create a CFPB complaint:  https://www.consumerfinance.gov/complaint/- Call the GA Banking division and complain their too:  Half way down: https://dbf.georgia.gov/consumer-resourcesIf you are an investor, want to become an investor, join the local REIAs.. 

My only concern would be finding and interested tenant - I imagine cleaning a 3/2 house for every guest would be very time consuming, so the tenant would need a pretty flexible schedule.

I'm much newer than you around here =) I've been consuming information for the past year, aiming to buy my first multifamily soon.I've been to the NHREIA in Manchester twice and have signed up for the rehab bus tour in a couple weeks!

New flooring, renno kitchen and bathrooms, relocated the front door to enhance curb appeal.

Prep Prep Prep.Clean/de-grease WELLSand with 220 grit ( if you skip this step you will be touching up a lot where it chips off) Damp WipePrime with Bullseye 123 Grey Primer ( if you don't do this and follow up with a light color it will probably take 2-3 coats)Single coat of Behr MarqueeI've done both ways, taking doors off to paint and leaving them on.I would never take the doors off to paint them again, way more time consuming. 

Do whatever you can to increase your income, save-save-save and avoid consumer debt.

Now that I've consumed a ridiculous amount of REI information, I'm ready and will be closing on my first deal this month.

That's my story anyway.The obvious upside is that building a property management company can potentially enhance your deal flow and over time reduce your own management costs of your personal portfolio. 

@Nick Causa the reason is when lending to a consumer, the lending laws become much more strict with all kinds or regulations that are not needed for commercial loans.

But it’s a bit riskier as you are in the hole if property values take a dive.Leverage enhances your results.