If you already do this, than like me, it is a lot of screening properties (40-65 per month at about 3-4 offers from that) and patience.Watch the ARVs right now as a lot of us are in a declining market--do not rely on anyone else but yourself to really provide the ARV. 

The information contained in this post is not to be relied upon.

Scope of WorkA solid contract relies on a comprehensive scope of work.

Forecasted performance is your best-case scenario and shouldn't be relied on, particularly in a tougher market like Memphis. 

The information contained in this post is not to be relied upon.

The information contained in this post is not to be relied upon.

Don't rely on algorithmic platforms to set your rates, go directly to VRBO and Airbnb and look at your nearby competitors.

That is what often happens with many of these Co-GP's and gets dangerous when they are relying on their embellished track record to raise money from others.

I am in my working years, not relying on rental income, and am focusing mostly on improving my overall net worth (not as focused on living off the cash flow).

Instead, I'd just rely on a CMA (comparative market analysis) of renovated properties in the area from your realtor unless you have local MLS access yourself to run the report.