BUT, there is also the chance that it comes in at or near your target.  

Quote from @Jules Aton: Does anyone target retention? 

Look for a team with a strong track record in managing rentals like yours, especially in your target area.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

Make sure you choose a realtor who is used to travelling into your target community and not just engaging properties from behind a phone/computer screen.

Unfortunately, new hosts are targeted for this.

Here’s our OPINION for the Metro Detroit market (use as a template for your target area!)

That's why I would target them a week before foreclosure sale and put all effort on homes that were all but certain to go off the hammer. 

What financial targets do you have?  

Quote from @Evan Polaski: @Chris Seveney, I hadn't looked at any details on this offering into now.Things to consider from their own marketing:Operating partner has done all of 10 flips.Their entry price point is a price that I would expect any truly experienced flipper to be able to take down very easily on their ownTheir historic IRR, while high by MF standards, is average, at best, from my experience with flips, and it is unknown if this is net to LP returns.I have flipped homes myself, so am not their target investor.