SFR Portfolio Purchase

[JJ Picard]

I've been very interested in buying SFR portfolios from investors looking to sell their portfolio to one buyer. I'm working on a 20+ SFR one now. Sellers tend to like the all or nothing approach and I can realize economies of scale to realize with a smooth bulk deal. My strategy is to keep all occupied with their current tenants in a buy and hold pattern for the cashflow until they organically vacate and then spend some money to update major issues, rehab and sell individually one by one. I have an excel model with all my assumptions and the local team and network to handle any volume, but because there are a lot of different variables and ways to attack the problem. I'm wondering if anyone has any experience to share or advice in sourcing, valuing and servicing a bulk SFR deals?