Don't know about Capstone, but these discuss large investments in REO-to-Rent programs by OakTree and GI Partners, large pvt equity funds.

We have maintenance install the washer and dryers so they are hooked up correctly.We use teflon tape,the steel braided hoses wit the high quality washers on the inside.Where the discharge hose goes into the drain we install a strap to the wall so the discharge hose won't fall out when draining and leak.Even given all that if they have an old washer it can give out and water can be released.The simple fix is a drain pan under the washer with a pipe that ties into the discharge pipe in the wall.All of this will cost about 40 bucks or so not including labor.Well worth it than cleaning up a huge leak causing massive damage.We also check the hot and cold water valves the supply lines hook into from the washer.The valves might be gone and partially leaking.Also if the tenant installs the washer and dryer they might over tighten fittings causing bent pipes and damage or under tighten having leaks.Been my experience with over 20 units on a 30 year old building.

The best program for those seeking checkbook control and maximum flexibility is the solo K in my opinion.

Not sure how much you're working with, but FNMA recently came out with a program that more or less has the same effect of what you have in mind

If it's an FHA loan and the homeowner were approved into the pre-foreclosure sale program and it expired, the bank can foreclose.

I contacted US Wide Financial, and they actually told me about the delayed financing program and said it would be perfect for what we wanted.

Has anybody utilized this program before?

Has anyone heard of any successful refi's through this program, or is it just another mortgage fantasy?

They promote it in a couple of magazines and online spaces as well and every couple of days I get an email as I am sure they are sending everyone on how great the program is (complete with balloons and confetti)!

Reagan changed the student loan program, my building and many others almost immediately suffered a 50% decrease in occupancy.