.- PM is a licensed handyman, or has them on staff, and takes care of most unit turn work at a reasonable rate. - PM has no breakup/termination fee- PM does not take project management fees, except on large or complicated CapEx projects exceeding $5,000. 

These areas not only offer reasonable purchase prices for most investors but also feature turnkey homes—either newly built or fully renovated, ready for tenants, with systems that still have 10+ years of life remaining, and property management teams in place.

It is not uncommon - main reason we see right now is over inflated original ARVs and now borrowers cannot sell and pay off the lender. 

But I try to balance that "more" with reasonable use (for the time period they're there).

The main reason I decided to sell rather than hold was the rising interest rates.

If the agent is not working out for whatever reason, cut the tie and move on. 

So far no deals I have found are even close to creating reasonable if any cash flow with 20% down.

I’ve been in this space for a long time, coaching and investing, and I love helping people get started.

That is just not realistic in this current market.So in my opinion it's important to expose yourself to a large number of deals, so you can develop an intuitive sense of what's reasonable and what's not (and quickly discard the ones that aren't).And it's true that there is no way to 100% protect from fraud (and not just in passive real estate investments but even in public stocks etc.).

So the choice of tenant would be key.On the flip side, reasons to hold: a very low mortgage rate; probably not the case.