Randy  I dont think most folks realize the points our making  I have had 3 attempted suicides in homes i bought at auction or pre auction one successful and that was a vietnam vet who I let live there rent free for almost a year I would talk to him twice a month asking him to please move on we cant let this go on.. finally we had no choice but to do a FED and he still would not more when the cops came to escort him out.. ( and my secretary was there ) they opened the door took a look at what was on the kitchen table told my staff person to go get in her car.. found in him the back yard suicide by gun.. there is a very grimy side to foreclosure bizz.. but I 1000% agree with you.. that the homeowner if its an owner occ deal is going to be extemely emotional irrational violent etc etc. this business is not really a beginner business..

Is your rent withdrawn automatically from your account, or do you initiate the monthly payments yourself? 

See all those people sitting one to a late-model car they can't afford stuck in bumper-to-bumper traffic, getting paid nothing for it, all worried that they're going to be late to work...again.

Just because you have their info, doesn’t automatically mean you can do a credit check on them. 

For example, if they are a sex offender or they just got out of prison two weeks ago for murder, that would be an automatic denial.

It can automatically add on late rent fees4.

Purchase price: $90,000 Cash invested: $25,000 Sale price: $178,000 4 bed, 2.5 bath, 2 car garage What made you interested in investing in this type of deal?

He is a out of state owner and wants to sell his house that he has a mortgage for 221,000 it a 2 story 2 car garage 4 bedroom 2.5 bath single family home I pulled comps and the came back @ 270,000.

Units would range from 1,350 to 1,650 sqft (3/2, mini-master down, 2 car parking).Has anyone had experience selling or renting units that are in a pocket neighborhood setting vs. a traditional site plan?

Thats something that I am thinking about but more inclined towards not adding the washer drier.I was reading this book "Crushing it in apartment investing" and the author mentioned about adding water reducing faucets or motion detecting bulbs which will be turned off automatically.