However, some investors don't mind this strategy if they prefer not to put a lot of liquid in up front and plan to refi out within a few years of closing (which seems to be a great option with the talks of the FED reducing interest rates this year).It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.

My recommendation is to see if you can work for a company in real estate or wholesaling that way you get training and education while getting paid 

My managment company has made more than a reasonable amount of attempts to get the HOA to have this repaired. 

I always prefer to use a CPA who works with other investors and Realtors such as myself.

Prefer seller financing which works a LOT better.

As you were in property management, not sure if you ran your own company, but as you look at it..

I've gotten deals and formed partnerships through some very unorthodox connections over the years.To answer your question, it will always depend on the specifics of the deal in front of me but in general I'd still prefer value-add.

Now for your advice about getting rid of CATMAN or CATWOMEN, whatever he prefers. 

I'm looking to identify a builder with the following characteristics:1) Eager to grow his/her company and reputation in the market2) Has produced at least five high quality builds in Arizona which are at least 4K sq ft  3) Has proven track record of completing builds in a timely manner4) Personal capital to allocate to projects (optional, but ideal)Please reach out to me if you or someone you know might fit these criteria. are you set that you want luxury?

Quote from @Dyllon Gibbs: Hi All,Does anyone have experience with rent guarantee insurance and any specific companies?