@Gino BarbaroExcellent info.Folks may be familiar with the terms “visionary” and “integrator”.MF teams need both.

Folks may be familiar with the terms “visionary” and “integrator”.MF teams need both.

From what I can tell, the most successful people who operate in C and even D class tend to vertically integrate their property management as most 3rd party managers just can't be compensated enough to make things work long term.

They have very different types of solutions, but both say all of their work plus the integrity of the foundation is covered under warranty for the life of the home.

It integrates right into my calendar as well so it notifies me for each clean and when the billing has been made.

I think the only two issues that I think about as I contemplate signing on are the speed with which they have been growing, and the fact that they are just now moving to being vertically integrated -- their property management and renovation teams are all in-house now -- not 3rd party like they used to be.

After looking at well over 150 properties myself (pre-foreclosure, probate, wholesalers, etc) and talking to dozens and dozens of investors who are very experienced in the Chicago market as well as a couple of brokers that specialize in investment properties and move 1,200+ REO properties per year, I've been told by every single one of them that deals with this criteria are almost non-existent in this market.In speaking with one of KFN's own people I was told they only know of one deal that's been done in Chicago that meets their criteria.This is smelling very, very much "scammy".When asking one of their people about getting a refund because we've found no properties that meet their criteria and have gained no value whatsoever from their program, we were initially told that there's a 3 day right to rescind and after that all sales are final.I've sent email to their CEO and have yet to receive a response.I'd like to believe that companies still do business with integrity and do the right thing and give a refund when a customer is dissatisfied with their product/service.

If they’re “passive” investors they invest in funds/syndications where the syndicator/fund manager has “stretched” beyond all reason because the ROI in his specialty has gone below all risk return reasonableness BUT it’s his business and he doesn’t have the integrity to (temporarily) shut it down.  

This has effected the structural integrity of the main beam.

They teach because they believe in making a difference, in honesty & integrity in todays fallen world .