He has five properties (the four original trailers and that
hilariously ramshackle house) and they are all occupied. He bought some of them outright but he definitely has at least two mortgages. He's paying a property manager, no way in hell is he traveling back to SC to do maintenance and upkeep. I would be shocked if he had traveled back even once since he fled.
Rhys claimed that his shitholes were ludicrously profitable--$400-500 profit per unit per month. This seems impossible to me, but according to Rhys, the reason that this is such a great grift has to do with the fact that the units are all Section 8. I'm not familiar with Section 8 at all, but Rhys claims that the government is paying the tenants' rent, which means no late rents, deadbeat tenants, repeated evictions, etc.
We know Rhys is a liar, but he's clearly getting money from somewhere, so maybe these units really are profitable.