As someone who has invested in literally everything you could possibly invest in…there is ALWAYS risk, and I did not feel like Tardis adequately explained worst case scenario.

Apologies for the tardy reply.

There is absolutely no excuse for the tardiness of financial reports, or information to investors, UNLESS the sponsor has run out of money to pay account/attorney, or employees; the sponsor is trying to come up with a way to “creatively” deliver misleading information, or the sponsor just doesn’t want to acknowledge reality.  

Quote from @Josh Tardy: Well we'd need a lot more details on the property before anyone can help.

After the rent is considered tardy say 5th or 10th day depending on how lease is written.

Time is money in this business meaning tardy landlords lose every time.

After asking politely to move the vehicle if it were not gone in a reasonable amount of time he would regret his tardiness.

As for #3 the property manager wants to collect any tardy rent you provide a tenant a tool to alert them so not ans to call because of your presence. 

I'm so sorry that it has been "overlooked" up until now.You ask a good question and I hope you'll forgive usfor being tardy in answering you.Remember, this forum has all the answers!

I was introduced to Bigger Pockets thru Jaime Tardy's Eventual Millionaire interview with Josh Dorkin.