But if you have no other options, its a way to get into the game.

It's ok to make mistakes, you have to be in the game to win the game.

I know other property owners who have had mgt companies for years who only get paid when the rent is collected so I wasn't sure if this is still the rule or if Covid recently changed the game plan....

Too long of an answer to this broad question to attempt to answer it here. 

You can refinance these with 21st as well to pull your capital back out, but it's a much slower process.We're getting out of the used home game and going with new homes for the lower up-front capital cost and attractiveness to better residents.

Like others have said, Lawrence is a pretty big area so I'm kind of painting with a broad brush. 

It's all a numbers game, and the most successful investors invest in the markets where they get the best returns!

What books have you read that you found to be the best “broad stroke” on how to get foreclosure deals?

What potential challenges would exist on a broad spectrum? 

I don't mean to be too negative and of course, if you somehow could make the numbers work...well, this game is all about the numbers!