Fundamentally, the problem is that the model allows for "lenders" to dump loans to GSEs with little or no skin in the game.

So in and of itself, neither model is better than the other, both have their pluses and minuses, but do your research before you decide to fork out a year's dues.

A month went by after they started the eviction process, I followed up with the property manager and instead the owner responded saying they took the possession of the property and they have several prospects for the property. 3 weeks went by and I didn't hear anything so I called their office and found out the property manager left the company.

I recently had to evict someone who broke into and occupied an adverse possession property.

If she did, she has returned possession of the property back to you, as would be evidenced by her text, vacating the property and leaving the keys.

Many of us including myself talk about our strategies, styles, niches and business model on our website.

Notice, demolition, conversion or repairs50. (1) A landlord may give notice of termination of a tenancy if the landlord requires possession of the rental unit in order to, (a) demolish it;(b) convert it to use for a purpose other than residential premises; or(c) do repairs or renovations to it that are so extensive that they require a building permit and vacant possession of the rental unit.2006, c. 17, s. 50 (1).Same(2) The date for termination specified in the notice shall be at least 120 days after the notice is given and shall be the day a period of the tenancy ends or, where the tenancy is for a fixed term, the end of the term. 2006, c. 17, s. 50 (2).Same(3) A notice under clause (1) (c) shall inform the tenant that if he or she wishes to exercise the right of first refusal under section 53 to occupy the premises after the repairs or renovations, he or she must give the landlord notice of that fact in accordance with subsection 53 (2) before vacating the rental unit. 2006, c. 17, s. 50 (3).According to the above, if you can make a case that the planned renovations are extensive enough (i.e. main water and sewer to the building, replacement of HVAC, rewiring, etc) some, or all, units cannot be occupied during the renovations, you should be able to request the building be delivered to you vacant and let the current owner go through the exercise of terminating the current leases.Note the two additions from 2006:1) You need to give 120 days notice ... another reason to make the current owner handle this.  

I guess I'd suggest the KISS model until you get to $10M in assets...  

I gave up spending money on a Dirt Late Model that I raced on weekends.

.--(1) Any servicemember may terminate his or her rental agreement by providingthe landlord with a written notice of termination to be effective on the date statedin the notice that is at least 30 days after the landlord's receipt of the notice if anyof the following criteria are met:(a) The servicemember is required, pursuant to a permanent change of stationorders, to move 35 miles or more from the location of the rental premises;(b) The servicemember is prematurely or involuntarily discharged or releasedfrom active duty or state active duty;(c) The servicemember is released from active duty or state active duty afterhaving leased the rental premises while on active duty or state active duty statusand the rental premises is 35 miles or more from the servicemember's home ofrecord prior to entering active duty or state active duty; (d) After entering into a rental agreement, the servicemember receives militaryorders requiring him or her to move into government quarters or theservicemember becomes eligible to live in and opts to move into governmentquarters;( e) The servicemember receives temporary duty orders, temporary change ofstation orders, or state active duty orders to an area 35 miles or more from thelocation of the rental premises, provided such orders are for a period exceeding 60days; or(f) The servicemember has leased the property, but prior to taking possession ofthe rental premises, receives a change of orders to an area that is 35 miles or morefrom the location of the rental premises.(2) The notice to the landlord must be accompanied by either a copy of theofficial military orders or a written verification signed by the servicemember'scommanding officer.(3) In the event a servicemember dies during active duty, an adult member of hisor her immediate family may terminate the servicemember's rental agreement byproviding the landlord with a written notice of termination to be effective on thedate stated in the notice that is at least 30 days after the landlord's receipt of thenotice.