That lawsuit is a claim for fraud, and that’s what fraud typically is...a misunderstanding and someone being “injured” and wanting to hold the other responsible for it.

There are buy and hold deals at the 6%+ rate on a regular basis.  

@Chad UrbshottSometimes it doesn’t take a savvy attorney but one who is similar to an ambulance chaser and the moment your servicer contacts or attempts to collect they have their attorney file FDCPA violations against you, then sue you in federal court and file a 60Page claim against everyone that ever owned the loan.

Account Closed - Do you know of any research companies that provide similar data for regular rental properties?

We do regular inspections and renewal inspections and constantly ask Tenants if they have any maintenance concerns.

You could do a simple Quit Claim deed to move the note to a LLC.

If the property is not your primary residence then do not claim it as your primary residence.

It is very different from being a regular realtor.It's not just calling them up and building relationships. 

If anyone claims to know that, your next question should be "OK, so you claim to 'know' that... why are you talking to me?

I have read and know a couple guys locally who own student rentals, and none have kids pay per semester (they pay monthly the same way they would if renting an apartment from a regular leasing company).