Instead of just buying into a training/coaching program for $8000, (That is what cost as of yesterday) they have a bank and financing available to the group that seems to be unique. 

Then I will deep dive the asset.I agree that you lose control also, but new investors doing a flip and trusting a contractor they met on Angie's List is way more a loss of control I think. yes when the remote BRRR book came out on BP I just cringed I said that guy is going to cost a lot of investors a lot of money.. :)  I think folks that followed that advice have lost significant amounts of capital.. of course not all .. but if your one of the beginners who drank that cool aid and got fubared can set you back years.

My name’s Shawn Soltani, and I’ve been helping investors from the US, Canada, and Europe find amazing real estate opportunities in the beautiful south of Spain, particularly along the stunning Costa del Sol.Whether it’s for a vacation home or a solid investment, we handle everything from property searches to legal and financial support.

By extension, other California tenants living in municipalities that have rent control laws are likely protected to the extent the landlord was relying on the same Costa-Hawkins exception as the landlord in Owens and operating under a similar leasing arrangement.

I have a 4 plex (two duplexes on one lot) în unincorporated Contra Costa County that cashflows well.  

There are some good books that are low cost as well.

It might cost a 3-10K to fix this problem... 

If you just look on Zillow, pick a random property, buy it, and turn it over to people you don't know to manage it, it's extremely likely that you will: have it cost a lot more than you thought, get overcharged for things, lose money, and have a big chunk of your savings just stuck in the property not really doing anything for you.Not to discourage you, or to say that you would do what these folks did, but here is what NOT to do OOS:https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/67/topics/1167190-strug...I hope this helps - happy to dialogue further. 

This info will lead to several options being removed from possibility.The best software options are designed for PM companies and can cost a decent amount monthly.Here's some cheap options:Doorloop, Hemlane, Innago, RentRedi, Stessa, Avail, Apartments.com, TenantCloud, TurboTenant, Buildium

From what I've been reading, it sounds like this is the time to change to copper piping but it sounds like it will cost a lot and take some time to complete.