Sorry @Jon Pitcher but just suspected drug usage is not a reason to reject an applicant They must be current drug users and you need to be able to prove it if challenged (like a drug test).

you may also want to have a pipe line into performing notes were you get paid day one and don't have any of these issues.. returns are a little less but the time and effort is negligible I suspect it would be about the same as you going in on a fund or JV.. because the sponsor has to make money.but the benefit is one note one investor so you do have some safety there..

I suspect that the problem was with you trying to report those properties as flips and not as rentals.

I have been getting postcards from investors and I didn't bother to reach out as I suspect they would be super low ball offers.

I suspect short employment history could be an issue. 

I also suspect that they are probably more savvy than the average tenant.

I suspect they would come down a little from the $185K price.

Although I should say we “suspected” she started smoking in the unit a while ago but that is the tricky thing about smoking, it’s very difficult to prove.

IE if roof is leaking fix it that type of thing.in practice very few redemptions are made by the owner who lost the property I only know of one personally and i suspect there are not more than a hand ful in this state.when i was buying a lot of property in Bham.. we could buy redemption right title insurance.

In my state and I suspect many others, the deposit money is considered to be owned by the tenants even while you are holding it.