However they are honest and always pay eventually including all late fees.I talked to them and they are willing to set up automatic monthly withdrawals for rent payment so I would put this in the lease.Would you rent to them or is this still risky?

This project in general sounds like it is too risky for a PF Manager to even think about looking at this.

I had a help going into commercial though because I bought a few rentals on their personal side and that gentleman was a support of me to the commercial banker.So the moral of my story is that reserves will SAVE your retirement and time will allow you to be smarter and make more risky choices because you have experience.

It just seems real risky and that the lender doesn't have much control.I can't beat my ROI so far for my cash than what I am getting closing commercial deals for my clients and growing my business.

At $300 sq.ft, your rental value may be high enough that you're renting to well-to-do tenants, who may not be as risky as *some* lower-income tenants.

By the way, it shouldn't as "the risk is the risk" regardless of who owns it.

I think for sure you should invest in some real estate - but flipping might be risky for what you've already built.

It is costly and risky for banks to foreclose, so they prefer your cooperation with a short sale.

Those last posts make this an even risky investment.

All your professional contacts at (and through) your current employer are obviously potential prospects for both buying investment property through you, as well as acting as private lenders on your personal B&H holdings (if they want a somewhat less risky investment).The other thought, as an agent/investor, is to get the CDPE designation and possibly market yourself as a SS expert.