I just trashed them... its easy to bluster around about this stuff.. but with all you guys in the we buy house game  has to be 100's of thousands literally.. how do they really enforce this.. too many mom and pops to chase.

They were stupid to take out a loan in the first place.The next thing we should do is regulate HML guys like Jay who lends, so that fix & flippers have to qualify at Chase or Goldman Sachs.

A PM is not responsible for chasing down kids and their parents and you do not want to pay for his time to do it..  

I'm too analytical to chase unicorns.

Those would be securities issued by the private banks we all know such as Bank of America, Wells Fargo, Chase and you get the idea.

Probably the only thing driving these returns is that people are piling into Cleveland chasing yield because it's the last place to go.  

@Isiah Ferguson and @Andrew JohnsonI typically only accept partial payments if they are made in advance of the due date, meaning I have the full amount by the time rent is due, or for a tenant with a good history that has fallen on hard times and requests the accommodation in advance.I've been saying this a lot lately but it's worth repeating: if the tenant makes you chase them down for rent, they are not a good tenant and I recommend you avoid any negotiations or deviations from policy.

I tried hard getting funding specially with AMEX, Chase, and so many others institutions.

I used to be in private lending, small loans, and chased a lot of money.

@Chase Louderback At the beginning of my research, I didn't know you treated 4 units and less differently than 5 and up.