Challenges were we bought from a large institutional group so definitely was fiercer negotiations than past deals!

They are your best bet for institutional.  

I signed a WS contract with a seller this week....after which I discovered he owes more on the property than the contract dictates that I pay him: we agreed upon $85,000.

Yes you may get lucky and someday bump into an amateur that does really good work at a really cheap price but for right now do not count on it until the day you discover someone great.

They are hands-off, institutional grade real estate investments, and they allow you the option to diversify into offerings in markets across the country.

We've discovered fraud as you've described above in similar cases!

In addition, I discovered that the company is not licensed for property management when I contacted the commission and if you are already working with them then you should move fast and find a new PM.

Personally, I believe it gives the impression of taller ceilings and less ‘institutional’ feeling rooms.

After the eviction process, we got back possession and discovered significant amount of damages from feces on carpets and walls, broken garage door, broken fence door, broken laundry washer, to unimaginable horrors on the trees, and landscapes.

Bouncing payments or only being an illness or accident away from notbeing able to pay the rent, are issues considered by our underwriting.Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter ofexplanation (LOX).