Help me analyze this deal

[Dhwani Shah]

Hey guys. Complete newbie here to real estate. Can someone help me analyze this deal: https://doorvest.com/homes/120... 

through the doorvest platform? For anyone that hasn't used Doorvest, it's a simple website where you put a $1000 deposit and they send you curated list of houses they buy that need renovation, renovate, and then tell you a final purchase price along with guaranteeing things such as first year rent will be 100% covered by them even if they don't find tenants. So, they make the process of being an investor seamless and you having to do nothing as they after you closing turn into you management company with a standard 10% management fee (which I am okay with). 

I see the numbers making sense from how they've listed it on the site. I am looking for about ~ 8% CoC and they guarantee the rent for the first year along along with equity buildup. Also checked area and it's 6mins from university. What do you guys think?

[Kang-Li Cheng]

Quote from @Diana Ung:

@Kang-Li Cheng - Just wondering if you have any updates on your experience with Doorvest? Thank you!

 I'm pleased to say things have turned around. A new tenant was placed and things have been going better. The new customer service rep is more responsive and more responsible, which makes a big difference.