Also I would ask the lenders here on BP, have you been able to get loans for customers/clients who had foreclosures from the crash? 

@Andrew CordleOne huge issue for me is the home is a split level with the lower level under ground, this makes me nervous as for potential future leak issues.Obviously the home looks great but for a rental home it seems over renovated meaning with the granite and custom tile in the showers, seems more like retail quality but hey, for an end investor if that's what they are providing then better for end investor.

But if you look at the long-term ROI rather than short-term ROI... ... the extra leads our system converts from your traffic vs. a wix or weebly website (because we're constantly testing and tweaking on the traffic on our customers sites to find ways to improve results)... the time saved because of our platform and our support, and the training and support we give on helping our members drive more traffic and convert more leads... the ROI on a system like InvestorCarrot or LP vs. a wix site isn't even close. 

We might as well have this conversation about probate and decased owner property right now.If you want to make real money, serious life-changing money where you don't have to list properties or wholesale for tips, learn to recognize when you are making assumptions. 

Plugged it into the spreadsheet, here's what I came up with: Assumptions (pulled from the linked sheet): -Purchase Price: $133,000-DP: 30% -Rate: 5%-Term: 30 Year-Closing Costs: $3700 (National average, will depend on your loan and deal)-Insurance: $2616.00/yr-Taxes: $2100.00/yr-Repairs, Management, Utilities: ~10%/yr (Roughly 3% repairs +$3750+$6000)-Gross Income: $2650- Appreciation rate of property and rent increase rate both equal inflation -At sale, 6% realtor fees + $1000.00 in other fees (probably not enough) Results (assuming you hold for 5+ Years):-Cash Flow: ~$4600/yr -IRR: 13%These aren't terrible numbers, but they're not amazing either.  

In that past we have built our custom homes with no money down, but that was because we owned the property out right, so the equity was already there.

But, I have a feeling that if you really dug into the numbers, you'd find that you're just creating an unwieldy infrastructure that's going to hinder your growth and reduce customer satisfaction.Again, just my $.02...

If it is over 7%, then it may take more time.Bottom line is that it takes good management to keep good paying customers in place.I would give notices to each resident that is late. 

That way you will gain new customer, keep old customers, and get referrals.

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