It allows the laundromat to advertise their service to a high-yield potential client while making us, as the landlord, look really fancy. :)

Our capital raise is not over, the target for this fund is $250M.  

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

I am also targeting small multi-family properties starting out.I understand your point on the costs associated with purchasing, renovating, and maintaining properties.

@Elias AzoRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

I can see the rates they're advertising being possible BUT I doubt that they'd had the same spread if they were signing leases in today's market. 

TLDR; Finding landlords who are interested in arbitrage is a by-product of targeting the right landlords, creating a valuable offering, then putting in the work. - - - - - I have a portfolio of 10 arbitrage units in Phoenix and work with three landlords. 

It is truly possible these students have made so much money so quickly and easily from REI that they now do not advertise their deals on their amazing clever investor websites and do not answer or return phone calls or emails?

Additionally, connecting with local real estate agents, property managers, and contractors in your target areas can provide further support/insights.What markets are you looking into? 

I use a google voice number for advertising/marketing properties and first name only for advertising on the internet but my full name is on my lease and i give all of my tenants my personal cell phone number.