Hi @Nikki Beall,For us, it was a matter of getting to the point where we understood the basic fundamentals of investing (from books, podcasts, etc) and had realistic expectations of what we were getting into (the good, the bad, the ugly). 

Checks are a bad idea because they can give you a check that bounces, and then you are stuck evicting them while they live for free.

one guy got 5 years in state prison for that little scheme. its a very dangerous model for those with limit money.. just like the other guy said in FLA you can end up in jail.. well you certainly can in Oregon if your scheme was to be a bad boy or girl .

The tenants has become a seriously bad drunk who is verbally/mentally abusive toward her.

I know monthly rents are king but I guess I’m looking for an example of a good deal and a bad deal in numbers so I can compare. 

I have bad credit and I’m fixing it but it will take some time.

How bad or how light it would be is anyone’s guess.Instead of going into the weeds on this again, I want to know how leveraged are you?

The only way I can see to buy an asset without the usual DD items is if you know its a deal even under the worst case scenario or its part of a portfolio and you have to take the good with the bad. 

Originally posted by @Khenan Newton:@Jay HinrichsYou never know what these people might want hahaMy car might be old but that just might be what someone fancies if they feel the need to sue. been doing this 4 decades no one sues anyone to just get a car in a real estate transaction.. unless you have substantial real estate holdings or are known to have LOTS of cash .. no one is going to spend the money to sue you... its just fear mongering.. and frankly one of the reasons dealing with wholesalers is so bad.. no accountability with most of them they just do deals that don't work and walk.. kind of like trying to sue a dead beat tenant.. 

In the end we will see and hopefully it's not as bad as 2008