I had the opportunity to help with (Floorplans, Permits and Site Development) with the pilot program for PadSplit here in Houston.

.❌ No more Collection Appeals Program❌ No more installment agreement negotiations❌ No more administrative remedies❌ No more Form 12277 lien releasesInstead you get:✅ Compelled depositions under Rule 69✅ Forced financial disclosure✅ Court-ordered payment plans✅ Contempt sanctions (including jail time)✅ Judgment liens that survive death and attach to inherited propertyThe estate goes from "problem solved" to "multi-generational nightmare" in 24 hours.

Quote from @Anne Connor: Hello Everyone,I’m trying to buy my first legal 3-unit in Chicago using the 5% down conventional owner-occupied program.

While many details remain unclear, the initiative could become one of the largest direct benefit programs ever tied to trade revenues.Key Economic Data Releases this Week: Wednesday, November 12th: MBA Mortgage Apps Thursday, November 13th: Weekly Jobless Claims, CPI, Real Avg Hourly Earnings Friday, November 14th: Retail Sales, PPI

Ones that are thousands to join aren’t real REIAs, they are more “training programs” than REIAs.There wasn’t a REIA that I’m aware of, when I started in Seattle 30 years ago.

Yes, there are more steps to go through (often including sending in a W-9 tax form), but those steps are usually pretty straightforward.Additionally, most of the folks tasked with finding the housing for the company's VIPs are really appreciative of being treated well by a good property manager, so you can stand above the crowd by simply responding quickly and respectfully.

Any feed back is welcome 

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.

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.

I do not have any experience with this company but in most instances, owners run into lots of limitations with the software/program and wind up hiring a PMC.