As for cash or not I think it depends on rates, your level of risk tolerance, and what the opportunity costs is for that money. 

You'll most likely find your staffing costs to be in the neighborhood of $1,200 to $1,900 per unit per year, depending on property size, class, and market. 

If there were other issues though, be aware that they could choose to enforce this minimum at any timeMore recently, the city has created a rental database with contact information of all active rentals in the city that law enforcement and city officials have access to.

But that depends on the level of rehab, price point and so on. 

If so, you may choose to simply add it to the lease as being damaged at move-in so the tenant doesn't get charged for it when they leave.

No appraisalI realize I don't get to choose the terms when using a white label service but I'd like to get close until I have my own funding. 

It just depends on your expectations for what looks like a win.

You've also got 30k of equity in the property that you created, which you're choosing to leave tied up in exchange for that $100/mo.

It really depends what your goals with REI are.

@Mary Lopez It definitely depends on your scenario and the details.