If you want to isolate performance down to each rental, you can set them up as separate entities and track income and expenses for each.

@J Scott @Andrew MichaelHi J and Andrew,That ARV... will that be the ARV of a brand new home?

Think of it as a business man allowing an unqualified employee to perform work that will have the business mans name on it?

Consider any due on sale clause filing an option.Owner occupied, have a mortgage originator qualify the buyer.Do not put contingencies in an option that require performance, like paying rents agreed, it will invalidate the option making it a purchase contract, an optionee may not be required to perform in any aspect under an option.The lease and option are separate contracts, the lease may require performance, like paying rents as agreed.A residential tenant may not be responsible for repairs, IRS requirements.On a 3 year option, it will be better if you were to pay $3,600 as seller concessions to closing costs, she must pay pre-paids under most mortgages.

Combined with great branding, those multiple touches cause people to remember you over time, so they think of you when the need arises in their life.  

The next time hold the lender accountable and if they aren't performing or responsive find another one.  

@Alfredo Crespo Keep in mind that the lender will NOT allow the borrower to take any money if a short sale is performed.

Got my hands on a couple of performing notes well seasoned and excellent pay histories for 2 condo units in Florida.

Reit's if you look over performance over time tend to be really volatile.

I bought it cheap from a wholesaler I met on BP and will have it thoroughly renovated so that it is basically a brand new 40 year old house.