It’s more of a benefit to the tenants than a money maker.

No clue, my guess would be no since they have accepted the return of the deposit, but check with a real estate lawyer in your state because I'm just guessing here.

There's been so much interest in real estate investing and the success stories on podcasts and in books - most of which were achieved over the last decade - give people the real estate "bug" and they often over pay either because they don't know how to run the numbers or because they're just so anxious to get in.

@Shaun BeckRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.

I know that myself, as a buyer, if I cannot walk the property then I am either going to pass or offer far less money to account for what it is I may not be able to see.

What is the advantage of using private money or hard money?

Hi Everyone, I'm eager to learn from experienced professionals in the Hard Money Lending space.

My money patner (and friend) provided all of the money.

C-class locations can make money but your operatins need to be on point.

His conclusion is that housing providers in those cities make enough money.