A property management company cannot operate using the logic that it hasn't been that cold yet.

I started operating the property in mid-2023.

I ultimately invested $65 cash, $5k in legal fees, and $9.7k in operational expenses while owning the home, and walked away with $17.3k after a judgement.What made you interested in investing in this type of deal?

Often it's a really easy fix or operator error that does not require a pro.

Long-term leases are less operationally complex and face fewer regulatory risks - more stable and scalable option.

There are more passive ways to invest in real estate than "turn-key" real estate and achieve those types of returns, but you will need vet the operators and get educated before jumping in.

@Andy S. what capacity are you operating in?

@Patrick Pan, if I was operating in a state where that was a concern I would just contact their current landlord for a reference.

And, I think most women would choose a midwife that has gone through pregnancy.Like the OBGYN situation, there is a lot a CPA may not know about the rental business from debiting and crediting some journals and filling out line 242 on some Turbo Tax input form.And, understanding the operating details of the rental business are just as different from preparing a tax return as being pregnant is from delivering a baby. 

TLDR: I do not think Kiavi operates with good business practices.