The reality of the situation is that I believe that is exactly what happens here in my county.

@Andrew Matt Get a signed contract for apartments at 350, i'll build it for you at 300, let's put that typing to reality.

This is just not reality, there are maintenance costs, bills that come in, municipalities trying to cut your grass for you when over 7" at $125 hour.  

In reality, you spent $100,000, and you're only getting $1500/month back ($18,000/year).  

No folks, it's always more complicated in financing than where ideas may take you.First, let's address reality, I know that wholesalers, most being new in business and RE seek the Holy Grail of no responsibility or just being able to walk away, this is pure guru junk making the strategy seem easy and risk free.

They might not have been qualified in reality, and yet you willingly chose not to deny them? 

They promote false truth and false reality.

Let's also look at reality, the note is called, the clock runs, the lender takes it to foreclosure, as this attorney mentioned, the non-judicial process is swift in Texas, and they foreclose.

I know who'd like to play with this, @Dion DePaoli LOLThat graph was too small for me to see, wonder how far it went back....Falling to 7.5% in 14, is still a hefty increase after the law changed.I bet attorneys are going to have a field day when these begin to hit.No, don't know who Aaron M is, but one guy or even one firm would be doing half that volume in a year, not near it, in reality, 200 is hard to hit as an individual a year, that's a deal .75+ deals a day!

We are not HOA/Collections proponents here, we try to be reality proponents.