CF with everything outsourced.

This is more a question for fund managers/syndicators: Do you build your own excel models or do you outsource?

(non refundable deposit, higher payments, outsource light repairs to tenant,)or seller finance?

For those of you who have outsourced your underwriting, analysis, etc, what incentivized you to do this?

I think that close to 40% of college students end up dropping out anyways. personally I agree with the idea of knowing your major but at the same time things like computers and science are able to be out sourced.

@Tony Castronovo - Are you managing the properties or is it outsourced to a property manager?  

With the new house, after all expenses (and outsourced cleaning) and even saving for capex and repairs, we were cash flow POSITIVE $558 per month.

and hard to manage.. plus you have to out source all that..

They outsource property operations to large management companies. 

I've had an 18-unit in a C+ class area before that gave me a pretty decent return - however, I didn't outsource the management or repairs at all, so I was able to control costs and turns.