So they see that $20K of "trapped equity" as their buffer that minimizes their loss if they take the house.The problem is your deal is not very good.

And I plan to set up a regiment of preventive maintenance to help minimize some of the issues.

The time he spent on each bathrom was minimal.

The realtor advised him to kick the single lady with 3 kids out and with minimal effort he could raise it to $860.

You can be lucky and have minimal expenses and have a number that's less than that.

We even agreed to pay the (minimal) fee.

There are ways to minimize the due-on-sale risk that gives the lender an implicit call option.

However consider this real life comparison that highlights the potential degree of difficulty and extra effort needed with greater inventory.Owner of 25 units:- 25 individual single-family buildings(scattered sites)- All 25 units are section 8- Purchased 10 years ago- Located in low-income neighborhoods-monthly mortgage payments, real estate taxes, insurance and water/sewer billsVs.Owner of 5 Units:-All 5 units in one apartment building-Purchased 3 years ago-Located near local college-Paid cash, owned free and clearIm interested to gain an investors perspective on which scenario is more feasible with minimal time, resources, etc.

Banks and GSEs (Fannie/Freddie), collectively 'financial institutions' (FIs) manage their REO inventory to minimize costs and maximize sales proceeds.

If I lived in a state where LLC fees were minimal, I'd have one per property and have my bookkeeper and tax guy deal with it.