Purchase price: $275,000 Cash invested: $294,000 Sale price: $355,000 Seller was behind on pay HOA payments and in risk for losing the property.

He knows the loan will pay and they won't default because he knows they're solid. 

Who pays when the resident breaks the agreement and quits paying? 

The only purpose of the account would be to collect payments and pay bills like taxes and insurance on assets held by the LLC.

Please don't believe the hype of these gurus and for the love of god do not pay for their courses.

I would stay away from section 8, pull credit and background, and call referrals, and look at pay stubs for everyone who applies.

Location and paying attention to Nathan's points above about the immediate area are more important.

Selling to you could begin to feel like an appealing alternative to dealing with the hassle of re-renting the home.If they’re open to selling, you can share what you’d be willing to pay based on your research and pre-approval.

You pay on those gains. 2.

I was studying the market and my rent will be just enough to cover the mortgage and HOA fee now I might to pay out of pocket for insurance but don't want to sell it yet because the area is growing and might have good appreciation in the years that follow.