Ugh.In all seriousness, I think for $50,000 with a 1200 square foot house in Michigan should be able to modest rehab.

This negative equity position consumes the initial cash flow to re over the negative equity position.  

Consumer reports even has a report about how they're better than all the $300+ toilets.

I understand and appreciate the S&P tracker strategy but end of the day / career means big tax penalties.HSA is a priority for us this year and we modestly contribute to 401ks, employer ESPP. 

This negative position can consume years of cash flow to recover.

I completely understand all the financial calculations and models in the system and yes, it would have been fairly easy to build one myself, but very time consuming.  

It really comes down to your goals and time commitments.Airbnb margins have been getting tighter and it is extremely time consuming.

IIRC, RW even charges hourly rate fees if a property consumes too much time. 

Time consuming - if you have 10 applicants are you going to interview each?

It also allows you to search 400 property and property owner consumer fields, in addition to being a driving for dollars tool.