Not what we are looking to do and all the MLS listings just don't pan out numbers wise so far.That's awesome that you got some returns on flips and found some buy & holds recently. 

I have heard positive things - expect lower overall returns in exchange for them doing the work! 

But returns take out risk.  

If you have a regarded tax entity, e.g. partnership, S Corp, C Corp, you need complete financials -- P&L and balance sheet to adequately prepare the tax returns and answer tax related questions. 

Remaining money (less title fees) in escrow is returned to wholesaler (less PML funds and fee if used) with the remaining from the Step B contract.

@Erlson Neba Much less stress and headaches than rentals especially for lower end areas where the ongoing maintenance will most likely diminish any return you may hope to make and where appreciation cannot be expected.

You could view a sponsor's history and look at the returns shown on their track record, but without context it's meaningless. 

@Maegan Quaife, Of the 4 prongs of the Internal Rate of return 2 of them are very high for you - cash flow and amortization of the loan. 

I've looked at a few of their deals now and they're averaging close to 26% cash on cash returns.

There are always deals out there and Texas is experiencing a return to normal with pricing coming down and supply staying up.