If you are new, be sure you can raise the funds before proceeding.In my opinion, you are going to have a hard time raising money with a 6% pref and 70% of the profits after that unless you have a lot of newbie investors in your Rolodex. 

Everyone on BP is entitled to their own opinion.

probably a wholesale company.. get a second opinion from a local RE agent so you dont get hosed. 

Quote from @Melissa Vass Scott: Hey everyone, would value your opinions as we are working towards building a real estate portfolio in the US. 

Quote from @Aaron Wolman: General question, I am turning over my first rental and I got the charges from my contractor on damage done and I want to see peoples opinion. 

The real pool season is 3-4 months, which also sways my opinion. 

I know this is an unpopular opinion around here that you won’t see on the front page of the daily BiggerPockets newsletter, but it’s the truthI get where you're coming from, and I think you make some good points about the challenges of the short-term rental (STR) market right now—high housing prices, mortgage rates, and fierce competition.

I'm just going to offer my opinion on Arbitrage in general.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

In my opinion it is a very unethical organization.