If it did not I would have been in the hole.

I started by patching about a dozen (not small) holes in the wall, re-doing all the drywall in the bathroom, installing new shower plumbing, putting in recessed lighting, installing seamless LVP throughout, texturing/priming/painting all walls, installing new 5 inch pine baseboard all around, and installing custom bathroom vanity/pantry cabinets, and hanging new custom shaker doors in the kitchen.

This is has BK written all over it with monetary wipe outs..

I imagine the more I question their motive the more holes will be poked in the scenario.

I do like the built in leasing that apartments offers over the OG Cozy site, but I don't really want to pigeon hole myself into the apartments.com brand (or Zillow, or any other of the type) so I'm starting to use rent redi.

Can anyone poke a hole in this approach ?

The home was in rough shape—think mold, a hole in the roof, and years of water damage.

You mention you would also share in losses, but you aren't investing any capital so poor performance would lead to your partner realizing a monetary loss before you. 

And then you have BP and an army of experienced investors happy to answer your question or poke holes in your deal before you pull the trigger..Be honest with yourself, are you looking for moral support?

After applying the tenant's $1,000 deposit, you are in the hole $4,500.