Need some advice on a property management company in my area.

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               I was wondering if anyone on this site has used this property managing company before? Or if any of you more experienced investors could over look over this info to see if this company offers a good product.  http://www.abccapitalinvestments.com/

                 They offer properties near University City part of Philadelphia and properties usually in West Philadelphia. While it is not the best area it is close to the University of Pennsylvania, other colleges and local hospitals. What worries me the most is they insist on renovating the property for you and it is the majority of the cost. They claim (but don't guarantee) the houses will appraise for more then the purchase price and cost of the flip. I have looked up many of the properties on their website they have in past renovated and they did appraised for the amount they predicted. But they may just be advertising the times they were right and not their mistakes. 

But the most appealing feature is they are replacing everything thus hopefully eliminating maintenance cost for a few years. Also they offer to help with acquiring financing. In addition they offer some interesting financing options for cash buyers. They say you can get 46% ROI by buying cash then using a equity loan to extract all your money you invested in the property. And will set up an LLC for your real estate holdings, offer rental insurance, guarantee at least one years rent, also they cater to overseas investors which means I would assume they offer full service property management.

                      Mainly my question is does what they say sound right? It is a sound investment? Would this be a good way for a first time part time investor to get into the "game"?