The system ain't perfect, but it is certainly doable.

Unlikely these will align perfectly.

I realize there is no such thing as a perfect tenant.

The perfect icebreaker, heheh.They asked me to fill out a form so the broker could contact me, I handed over a business card instead (not property related occupation).

He has perfected a method of achieving cash-flow without having to be a landlord and without having to rehab properties.

And think how much you'd be helping the future partner, if you had it in the agreement that he'd have to get a prenup, if he decided to get married.I've heard of many women being completely against prenuptian agreements, because it symbolized that he is not in it for the long haul etc.Well, you give him the perfect excuse :"Honey, I would never ask you to sign this, but it's a requirement my partner has and you do want me to stay in business and have a good income, don't you?"

., can you tell us how you reject the tenant if you don't get a good feel from their car in a way thats perfectly legal :)

On the surface, that makes perfect sense to me, subject to approval by the tax accountant.

The easiest truth here though is, the more perfect the loan's performance, the less the investor has to do.

While those business are far from perfect or risk free, they are much more highly regulated than rental real estate.