We did recently run into a situation that the nurse was working at the hospital but they seemed like they were not in a good financial situation so maybe a credit check is still needed.

Hi @Liam Wholey I can relate to your situation..

Look at your personal situation. 

@Paul Novak, I'm in a very similar situation to where you are.

This should include an experienced tax advisor with a strong background in real estate, as well as an asset protection attorney who understands your investment strategy and personal risk tolerance.

I'm just trying to see what others in my situation have done, what works, what doesn't. 

Does anyone else run into this situation?

The premium and overly optimistic projections make a lot of sense, especially for new investors who might get drawn in by “hands-off” promises.Sorry to hear about your experience with Morris Invest — that’s exactly the kind of situation I’d want to avoid.

The challenge is if you have a VA do it and they are running calls and communicating, you do not know how to coach them as good as you would if you have been there done that situation.

That allowed us to defer taxes and reinvest into two Boise-area rentals, which soon covered our own living expenses.