I know some people get by paying for real estate with credit cards and other craziness, but most people still standing in 10 years are dealing from a position of strength: good credit, good reserves, good boundaries with others. $1500 is peanuts.

Though, that would require another post.There were some positive things about my experience with Jonathan.

@Mike Van Arsdale So, the problem is that you can't get a LOC from a commercial lender unless they are in the first position?

I have a substantial monthly positive cashflow for many of these properties.

I have been wondering if it is worth it as I have heard positive and negative about the results. 

Because there is a popular website called Nextdoor that allows realtors to buy or sponsor a zipcode.

Offer to refund his security deposit , and give a positive reference (assuming he's always paid on time)  and throw maybe $500 more at him in a cash for keys deal.   

@Mike Bowling check out the tools on the BP website (after you have signed in) Great tool for this, regarding an excell spreadsheet, you’d have to go into the files section of BP.

Anyone know of any websites, groups, associations, friends, etc. that invest in these types of deals?

Many websites list the monthly instead of yearly.