It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.

It may be worth having an experienced professional helping you and you could always try to get the seller to pay your agent’s fees.

Hope you didn't pay anything to an S8 "guru"!

Speaking with the seller's agent, all the tenants are current on rents and pay rents on time.

I wouldn’t be excited paying much more than the land value.

Their target audience are professionals with cash don't don't have the time or desire to become educated and are willing to pay/forgo some revenue for a experienced investment relations firm. 

I think seniors would pay more and be easier on property, but I'm looking at both populations. 

I think the folks that pay for these programs have the wherewithal to simply cut a check and its no big expense to them compared to what they stand to get out of it. 

The property isn't 'cash flowing' but our renters downstairs take $2,100 off our $5,700 mortgage so that comes down to my fiance and I paying $1,800 to live here.

If the deal is right you can use hard/ private money to finance the home purchase and some or all of the repairs, then do a cash out refinance to pay off your hard/private money.