Understand that they are doing this to make a profit, so it will be more expensive than coordinating maintenance yourself.It may be a decent program for a DIY owner that wants to just outsource maintenance, but you will have the same maintenance issues with this company that you would with a PMC:1) Higher costs2) Admins answering the phones & assigning work, that just know the basics about maintenance.

If you haven't found  renter in 3-4 weeks, drop the price (but not your standards).

The key is understanding your comfort level with managing multiple units right out of the gate.. 

Jay what you've got to understand about Josh is the fact he is simply lying.  

Again, other might feel differently here.b) Skin in the game: as a conservative investor, I understand that the dirty secret of industries that the waterfall compensation is in the line with me and incentivizes sponsors to take more risk.

If the rental income doesn’t sufficiently cover the debt payments by their standards, they’ll limit the loan amount, even if the property is worth more.You could try a few alternatives:•Look for lenders who specialize in commercial real estate and have more flexible DSCR requirements.

I took out a HELCO on my primary - I understand not cash flowing - could have taken out a lot more but only took 50%. 

While I have a general understanding of what it takes to set up a fund, I’d love to tap into the collective wisdom here.

The automating of reviews I understand.

You need to make sure you understand every detail: how the lease terms adapt over time, what kind of negotiating room you’ll have when it’s time to renew, and whether lenders in your area are open-minded about financing these kinds of ground leases.