Also, I am not aware of any hard money lenders taking second lien positions, perhaps you can secure a personal line of credit or partner with another investor. 

Update:  I shopped around a lot, and was able to secure 4.00% when my regular lender was robbing me at 4.37%. 

Hello all, I’m new to bigger pockets and had an idea I wanted to throw out there.

Being the guy to show up, close off all access from the back (which may have been going on for 20 years). throw up some fences, change the garbage routes and put in some renters, may be legally doable (or not).

the way im structuring things is everything is tied into a security deposit.

@Horacio Gutierrez Like some mentioned, using Venmo is a very popular and secure way for people to transfer money instantly on their phones.

Feel free to throw some profit in there.

Do you like your job and just want to invest for secure cash flow for potentially early retirement?

This is not to say your A-type property will never get a bad tenant who trashes the place just before the sheriff throws them out.Remember to do regular inspections at the property you own, take photos and make notes. 

Not me , me either I am out , Steve says he will throw out a number and see what sticks .