Not worth it unless they get them for a screaming deal (hence the 50% offers)- Your pitch for being successful (at least in this post) is that you have a gut feeling.  

Check them out.Hey Bill - 100% agree but in this case I was getting pretty high quotes from the independents (i.e Safeco)Ended up getting Esurance to cover me at a screaming deal - $650/yr on a $300k property + no issues with up to 4 paying roommates.

I politely spoke to the owner Brent Voepel about it and he screamed at me.

If you're going to pay cash, make sure you're getting a screaming deal on the property. 

At that price point, and quality, it screams rental to me, I don't know that you will be able to do rehabs that make enough money at that low of a selling price.  

One of my partners had a big balance sheet, and he co-signed on the loan, but even though the debt was non-recourse, it freaked him out and I had to drag him kicking and screaming into it.  

If the answer is "no" then you're either a huge visionary or the free market and hte local investor community is screaming at you: "There's no money to be made here!"  

I have no doubt this company funds.. but I also think they are laughing all the way to the bank on all the money they make when newbies not knowning what they don't know think they have a deal but they really don'tI suspect to get funding from this company it has to BE a SCREAMING deal with a ton of equity.. if not this company would be taking huge risk..  

Nothing from your post screams horrible deal or "too good to be true."

I'm currently a Telecommunications Engineer working in IT for the last 18 years, but can't see myself doing it another twenty. 28+ years in customer service, so helping folks is in my blood. I