Even if you want to roll the dice, at least is a calculated risk, not a surprise down the road. 

Away from the coast, no hurricanes, fires, floods - we don't even have snowstorms anymore.People can deny climate change all they want or blame it on sun cycles, and frankly, it does not even matter, the reality is that insurance cost will force the issue.You can try to rebuild and you can put houses on stilts in flood areas, or fortify them against high winds and fires, but that makes it expensive.

Though it may cash flow well based on their current debt service, when you compare the income it produces to the equity they have is it actually even a good investment for them from an ROI perspective or would they be better off liquidating and redeploying?

@Dustin Horner 10 units probably won't even cover PT.Unless you plan to scale to 50+ units, you're probably better off hiring a PMC.

I live in Sacramento, and have noticed that people are offering either equal or above asking price even for homes that sometimes need 80-100k in repairs and I can't see how they would even make a profit doing that.

Whether it’s advice, joint ventures, or even just sharing your experiences, your input would mean a lot.Feel free to drop a comment below or message me directly.

Or even refinanced it to them?

You only get a single point of contact for everything all encompassing, and unless they are 100% competent(not even proficient) you are screwed.

Plus the added requirements around getting drawings and general contractor for even adding a tiny closet.

Im even referring their properties to my friends and I look like a fool referring people who then see a scathing post from me.PLEASE remove the post.