But we sold most of our paper that we took back.. so playing with NPV and having these clients tell me they could not pay interest for religious reasons.

Where we cater to international students, we encounter instances where individual are uncomfortable or unable to share accommodations with the opposite sex for cultural or religious reasons.   

While there are Montessori type schools and a couple of military type schools, most private schools are religious in nature.

As with other RE deals, you need to run your numbers religiously.

Obtain W2 employment, work on building your credit, save religiously, limit unnecessary debt, etc. 

Although this sentiment is talked about religiously and everyone knows they need to to this, there never fails to be a continuous stream of posts by investors trying to figure out how they can fix a problem after closing when they didn't do their due diligence.You learned a great lesson. 

It has created a religious-like following and some of the smartest techies in Silicon Valley are convinced of its long-term viability. 

It really came down to focusing on one area of the city I invest in and religiously checking. 

In very limited circumstances, the Act exempts owner-occupied buildings with no more than four units, single-family houses sold or rented by the owner without the use of an agent, and housing operated by religious organizations and private clubs that limit occupancy to members.Is it a SFH you rented without the use of an agent?

I could pay a tenant to handle it as it's absentee like the way the garbage is handled, but my monthly inspection visits keeps things clean and tidy.And you you rent out triplexes to singles, you'll have at least 8 or 10 tenants in the building, besides prior tenants and their junk mail, and having so many people following a protocol religiously is a pipe dream.