The tenant delayed eviction through an attorney they obtained via the Law Center for Better Housing and ultimately exercised their one-time right to cure by coming up with roughly $15k in back rent through a rental assistance program.

@Mike Grudzien Happy to help on an DSCR and we also help train brokers in this program so they can speak on & guide better on it, Great product to have.

Informativ post - want to note other colleges also provide these types of programs which I believe can be very valuable.

One of the other investors that I was speaking with was threatening to turn the story over to the television program American Greed.

Not even a training program. 2.

In all three of these scenarios, the perpetrators are very aware that their victims are unsophisticated and target them due to their lack of sophistication, just as the syndicators do - someone with an MBA/finance degree, who works in real estate finance, who understands risk, and who understands there is no such thing as easy money does not reach out to the syndicators.

One of my friends is a real estate agent in Panama City so it was a great opportunity to see him.When we saw the program of the trip, it was fairly obvious that the trip was organized in a way that we would only have the time to talk to people linked to the developer or the deal instead of taking to other independent professionals.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

Currently we have no Section 8 but in the past have rented within that program.2.

If you've gone through their program or know someone who has, I'd love to hear about your results and overall experience.