I have been listening to the podcasts and reading some of the books and am excited to finally feel comfortable enough in my vision to post here. 

I suggested to them we could split the costs 50/50 of installing the electric, the garbage disposal, and the labor for installing it as I would be more comfortable having my guy do it.

So it really comes down to who is willing to get out of their comfort zone and come into the office every day and hit the phones to find deals.

I did some digging and am comfortable with the water issue, but I find it amazing what banks/HUD will do.My last HUD house they flooded it two days before my closing.

If house hacking is not an option, you can try out-of-state investing and check markets you are comfortable exploring. 

I have just received the same callThis a legitimate business model for a STR company, but the website raised a lot of red flags and I would not feel comfortable doing business with them.

I've not invested with 5S so I can't comment on their product and management specifically but I can say for build to rent, if you’re considering this, ask yourself: Does this fit your investment strategy and comfort level?

For example for me, CoC does not matter as I buy in A/B areas and I hold long term so I am comfortable knowing even if I have zero a slightly negative CoC to start over the long term it will turn and I will end up with a nice return after many years. 

Clearly, you wouldn't be comfortable investing there and that's totally fine.

Also (if you choose well), you are hiring a manager who has many more years of experience than you can ever hope to have, and will avoid rookie mistakes.The downside is that not everyone feels comfortable doing due diligence on sponsors.