Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.

I recently purchased a rental property and discovered it needs more extensive repairs than I originally anticipated.

Hello everyone,I’m the owner of a seasoned general contracting company with extensive experience in residential remodeling and assisting other investors with property flips.

But touting the fee and inspection “for guest safety” but not inspecting and only collecting the fee is terribly dishonest and a sham, as you already mentioned.

Hey Folks,I am new to the world of fix & flips, however I have extensive experience in construction management (though primarily commercial general contracting).

With exception of one mentor who I greatly admire and respect, I have spent 1000's over the years on RE courses collectively and not experienced this kind of support, encouragement or expertise without having to pay quite a bit for it.

Hmmm... lets think about this and list just a few things that you are paying them for... tenant communication, owner communication, managing expenses, maintenance concerns, vendor communication, negotiating vendor pricing, rent collections, accounts payable, accounts receivable, tenant procurement, 3-day notices, 7-day notices, 1099s, accounting, and 24/7/365 MANAGEMENT OF YOUR PROPERTY, for pennies of the rent...

But I'm finding many warnings from your collective postings here on BiggerPockets.

We were looking into stayfi as means to collect info.  

What if they have collections or judgments?