Moreover, PM is a tough and challenging business.

Agree with the above for the technical and data part of the business.

Even though refinancing is technically taking on debt, just like a HELOC, it feels different.

Pre-foreclosure technically only means that they are behind on the mortgage enough that a Lis Pendens has been filed.Most people (like 95% of people in forbearance) are not underwater, so it's most likely not a short sale -- they probably have enough equity to sell and walk away with a check instead of writing one. 

Technically nothing stops you from renting the property out from May 20th to Jun 24... 

All we're asking is for a total of $3,740 to move in (June proration, July rent and security deposit) which I think is more than fair since we are technically "holding," for this prospective tenant.

Challenges?

From hot markets, “Uberization” of services, consolidation of the industry, workforce challenges, and tax changes, the threats are real.

Challenges?

Challenges?