Eliminates shipping costs on big pieces this way.

so you've eliminated a HUGE pool of renters. 

I know there are a ton of features I don't utilize personally, I mostly use it just for tenant application and screening process, and then for rent and fee collection In my personal experience here's my pros and consPros•Had a template for screening questions on the application so I didn't have to think of things to ask myself•Handles rent collection easily and for only a $1 fee to my tenants for ACH transfer which makes it easy for both parties•I can set up all rent and fees at the beginning of a lease term so it's set it and forget it for me•My tenants have said setting up auto-pay was easy and I like to make it as easy as possible for them to pay me!

Others follow the 1% rule, calculating annual maintenance costs at 1% of the property value.Property managementHiring a property manager can help to eliminate the stress of residential real estate investing.

@Alan Asriants there is no added time or added risk when buying properties that one triple net leases.All the drawbacks you mentioned are eliminated with NNN leasing owned properties.If the interest rate on the loan is low enough in relation to income received, there is no financial point in eliminating leverage, mortgage.

If the decision to purchase materials is trust related than that is a red flag and should likely eliminate the GC from consideration.

sounds fine as others said screen credit and background check first. you are eliminating a whole lot of guesswork getting a year's rent in advance. why wouldn't you take this?

When I looked at Proper Insurance (their rates were extremely high), by eliminating the wind coverage they said I would not get loss of income if it was related to wind.  

Having each rental property in it's own LLC eliminates that risk and each property will stand alone and not be put at risk by another property that is not performing. 

Outlets/switches may need to be moved or can possibly be eliminated.