Originally posted by @David Hines:I would recommend checking their comps and repair values very closely.

I believe they meet once and sometimes twice a month at a coffee shop here in town.

We now live in Arizona and I frequently fly back to the southeast to repair or inspect the properties and already deduct the travel, lodging, and half of the meal expenses from my taxes. 

I am now shopping to replace, but curious where I can learn more about the pros and cons regarding a policy like the one mentioned.  

“What if the repairs are too much?”

Quote from @Laura Higgs: The Roi combined for 3 duplexes after repair will have an ROI of 4.47.

✅ No risk, no cash out of pocket✅ You work with, cooperate with, the homeowner instead of negotiating against them✅ No tenants and toilets✅ No maintenance or repairs✅ Short-term deals with sizeable assignment fees✅ Those fees can fund long-term strategies like buy-and-hold or fix-and-flipIf you’re an aspiring investor looking for a low-cash entry point into real estate, Cooperative Assignments are an effective strategy.  

Even if you hire a PM you have to constantly coordinate all of this, and next thing you know, every month you are hearing about doing this repair or not, tree branches, sewer system, and evicting tenants.

- Do you have reserves or access to capital to make repairs/updates to the property?

Let them know you are shopping and tell them to give you their best offer (all on the same day), and state you will go with whomever can save you the most money.