I'm not saying that it was right for HUD to keep the extra money, but I'm not surprised -- you'd probably do the same thing if you were selling a house and a buyer backed out after paying EM.- Sorry, but you haven't been "discriminated against" because you're an investor.

$500 for 3 month flips was a surprise and something I had not built into the model.

But there's always a surprise waiting.

With renters in the low to middle income bracket, taking out trash or picking up waste in 1-2 days is far above the norm I'm surprised a tenant is actually picking up their crap at all.

It sounds like nobody knows the answer to that question, which isn't overly surprising.

Tarrant County is more populous than Alameda County (surprisingly) so how do you filter 14k leads into a more actionable list?

Are you ok with some more surprises?

Personally, I didn't ever want to move my family into a place like this, but I was pleasantly surprised to find the the units STILL rented very quickly, the tenants were almost always great, and the property has been a total cash cow ever since I bought it.If I had allowed my own biases (which AREN'T representative of my market) to control my investment decisions, I probably would have paid way too much for a property that didn't cash flow.I'd say it's more important to understand the people you're trying to sell to.

To my surprise they were very friendly and never brought up the lease situation.

I'll share the results in a blog, and the results may surprise you!