Half of their days are spent standing in the driveways of the jobs their on waiting to be paid.

They made the observation that I was financially astute, I countered that I was a CPA and the next thing I know, the president nominated me to the position of treasurer within about 10 minutes.If you show up and sound like you want to take action and you're half way knowledgeable, you'll find yourself on the other side of the table so fast your head will spin.

Say you can only pay them back half so they still have half their investment in the deal.  

Also, consider living in the cheaper half.  

If you have a half decent agent, the delays and headaches are significantly reduced.

A firm letter to them from an attorney on your half may do the trick.

I can understand where you made some mistakes in this investment but to think that you're going to give up real estate investing by handing someone thousands of miles away several hundred thousand dollars and expect them to make money for you is a little too much rose colored glasses scenario for me.

He is the ultra runner doing all those 100 mile races.

If one assumed some outrageous figure like 20% of all tenancies ended in eviction proceedings, and then expounded on that by saying half of those would be professional scammer tenants, what you would have is a scenario in which 90% of all tenancies were problem free.

Of which, they will allow half towards their ongoing expenses, therefore netting 1% per month.