To your point about "if you have a $1M do you pay down debt at 8%, or investing it",.. the answer depends on if you have access to a tax adjusted real return which produces more than 8%, and enough more to be worth whatever risk comes with it.Honestly, the only place I’m not sure I’m on board with your thinking is the deleveraging.

This is off gross rent.We provide full service management with the goal of making it hands off for our clients.No tiers, just one service package.Yes, we have an onboarding fee which includes professional photos and a cleaning.

My wife and I first encountered VestRight and loved the sales pitch but also felt hesitant with onboarding/sales techniques.

G'Day everyone,The team (@Dominique Osborn, @Sean Mahoney) and myself have an opportunity to on-board 189 units.This would be a very nice "chunk" of new business but to be honest, I'm inclined to pass.I have always believed in doing business on your terms and for terms not to be dictated by someone else.Especially when you are looking to hire us/me to do the work for you.Also, business done right needs to be a win/win for all involved and this doesn't seem like a win for us.I do however understand the caution and reluctancy to "let go of the reigns" per se as many landlords get screwed by property managers.But at the end of the day, you have to "let go" and let someone else do it or just do it all yourself.I'd love your advice on the suggested terms given to us below:1) In AppFolio they want admin level access to their account.2) They want a standardized list for maintenance items so they know in advance what repairs would cost.3) They want a copy of all invoices from contractors to us so they can verify we are not marking up more than promised.4) They want to be able to talk to our contractors before work is done (each time) so they can talk contractors down in price themselves.5) They mentioned that they pay around $300 for full paint in a 2-bedroom unit.... we do not have a contractor that will touch a full paint on a 2 bedroom for $3006) They want tiered PM Fees based on occupancy.... for example (their example): at 90% they would pay 8% PM fees, at 70% occupancy they would pay 2% PM Fees, and at 50% occupancy we would part ways.The deal breaker in my opinion is points 4, 5 and 6.With the lack of oversight/control on maintenance we have little control over the occupancy and it kills our process and efficiency.So in a way, we are destined to fail from day 1.Also, if someone does want so much control why not just self manage.The unit count justifies hiring 1-2 full time people to run it.Otherwise, let us do our job.

I wanted opinions from real estate investors, STR Hosts, and even property managers on the difficulties of hosting, tips for my co-hosting journey, and especially, how to onboard my first client with no references and where to find hosts.Thank you in advance!

The 2nd offer usually has all the contingencies that the seller would be on board with (i.e., quick close, no finance contingency, as-is, etc.) but is priced so low that sellers will re-think the creative finance offer/option.

They've been overall happy with it, but you are going to be more involved in the process than you would be with a full service PM on board. 

If I have a capital provider whom wants to be 100% passive and is ready to invest $100k with me (cash), and I have all the syndication structure and offering documents for this project... can’t I just find an accredited investor, present them the deal / get them on board, and go through them?

I want to be able to send and receive customized docs and signatures in a secure and simple way for remote onboarding of tenants without ever having to wait for the mail or printing out multiple copies again.Currently using Baselane for banking, rent collection, and bookkeeping but it falls short on the tenant record features at the moment. 

However, I am doing my due diligence.They are very good at selling their services once they are onboarding you and at first it seems like they have your best interest.