You never want to build a business that is completely reliant upon another platform that you have no control over.

Most of the reason I got into RE is because I control the asset.

Ask them if you deposit say $250k with them as MM or CD with them having control over it.  

Managing the operation myself could save money and provide better control compared to working with out-of-state properties.

Confirm what the no point option would look like in terms of rate/payment as you would want to refinance out of this program eventually and into a conforming product. 2.

See the chart from Fair Isaac Company (FICO) below: FICO Score Pct of Population Default Probability 800 or more 13.00% 1.00% 750-799 27.00% 1.00% 700-749 18.00% 4.40% 650-699 15.00% 8.90% 600-649 12.00% 15.80% 550-599 8.00% 22.50% 500-549 5.00% 28.40% Less than 499 2.00% 41.00% Source: Fair Isaac CompanyAccording to this chart, investors should use corresponding vacancy+tenant-nonperformance factors of approximately 5% for Class A rentals, 10% for Class B and 20% for Class C.To address Class C payment challenges, many industry "experts" are now selling programs to newbie investors about how Section 8 tenants are the cure.

yes, on paper it makes sense to run by the room because you can technically maximize your rental income but you have to consider the following things:- who has control of the thermostat?

I went ahead and downloaded GoodEgg's track record to see how they do it, and let's just say it would be easy to assume they had more control than they did on a lot of the deals.All told, if the company website, and the People that work there according to LinkedIn, are not showing any operational roles, they are likely a capital raiser.  

But the programs you mentioned are designed for what you are after.

I think we offer an awesome service, but we can't control what people do.