A business partner approached me about it, and I negotiated the deal based on CAP rate.

I read the fine print and found that the 90 day guarantee and how to get the $1,000 invested back involves actually sending him 2 qualifying deals.

I have been working with my contractor about 23 years now and when we get involved in a project I go to the site at least 4-5 times per week.

@Jesse Strengunfortunately I’m not familiar with property managers in that location what I would suggest is I would look up NARPM and start with them..Below are some questions I would think would be a good starting point for you to see who really treats their company like a business or a hobby.My business partner is a regional VP for NARPM and I am happy to help if you need anything please reach outQuestions to Ask prospective management companies* What are your average days on market for vacant homes?

I remember after the GFC reno planners wanted to attract more regular businesses and get away from gaming.Great thread, thanks 

I have a small wholesaling business that operates in King, Pierce, and Thurston counties.

Flipping is actually more a business than it is investing and you know how much goes into that.

With online access to almost every jurisdictions property recordings, lenders today use software that automatically searches property transfers for transfers involving their loans.  

The issue is you cannot force insurance companies to do business in the state.

Definitely a bad way to do business.