They are far better at tenant selection than the average landlord that screens a few people per year.Efficient Rent Collection & Enforcement: I spend a ridiculous amount of time answering questions from investors that have no idea how to handle late rent, unpaid rent, and other pay issues.

I want to share my experience with Jenny Yi, an STR designer in case others have had similar issues.

In order to comply with SEC regulations, there is no platform to publicly announce your deal to the crowd (both posting on Facebook and publicly announcing it at an event could be construed as a solicitation, which is not permitted under the structure that most sponsors in the group use).

No notable issues to date - mostly minor stuff. 

More importantly, one of our investors has invested in a bunch of them and recently raised an issue that I was unaware of until recently. 

If the seller handles the repairs, it’s usually not an issue, but you want to verfiy what your lender requires.Cleveland Heights checks a lot of your boxes (hospitals, strong tenant pool, walkability, and appreciation potential).

Also, keep in mind that if you do self manage, you do put yourself at more risk for a legal issues.

I'm looking for a GC to help me plan out a rehab and find any other underlying issues on the property.   

Quote from @Leah Miller: @Justin LandesmanInsurance has been bound for weeks already so that shouldn't be an issue. 

They were abandoned and needed significant work which wasn't a huge issue but in terms of HUD owned properties i heard there can be significant processing periods.