I'm doing some passive investing in trust deeds and thankfully have never had any issues with defaults yet.  I'm not setting up my own trust deeds, I'm investing though hard money lenders who do everything and I write...

A turnkey home for 100k renting for 1k (1% rule) would net you worse than the stock market 16 years later. I went back through my 1099s and calculated my return and estimated closing costs, federal taxes, capital gain...