If you can't find what you're looking for, try the Bigger Pockets Fileplace.

Although at this time it's very very hard to find PITI that isn't higher than the monthly rental income.

Purchase price: $149,000 Cash invested: $149,000 3/2 block house .60 acres What made you interested in investing in this type of deal?

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

In the majority of fraud or Ponzi Scheme cases the common theme seems to be that the money is mostly gone, and whatever is left runs out before a large portion of the victims are made whole.Sounds like the majority are first position mortgage holders.. this is super simple find an attorney that specializes in mortgage foreclosures and file. there is a federal law that went in post GFC that requires lenders to give a 90 day notice before they can file and I think it pertains to any loans on any 1 to 4 unit properties  the assets that Dodd Frank was designed to regulate. once the 90 days is up you file your foreclosure  in OHIO its a mortgage state so it cost more  money than a Deed Of Trust with power of sale state.  

They ha e a program where they send you leads of vacant homes and send you leads for cash buyers that allows you to get into wholesaling quickly.

You need to find a brokerage that specializes in LTR's and can also handle the property management.

You might want to check with your insurance company, and your general counsel and find out if you have some exposure if you do this.Good Luck!

@Johanna Valencia If you're looking to scale the portfolio, I'd suggest getting into another multi, somewhere within a manageable distance as to make it easy for you to manage, but also find something in which you will be able to fit your family.

Managing for out of state buyers is definitely different than in state and it can really make or break you.