It was just a bit more efficient and cost effective in the end, but I highly recommend them for anyone looking to build their own house buying site, if they have a moderate amount of tech ability.

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@moderator....my apologies for the solicitation.

Sure, if a PM specializes in nicer homes with better tenants, then the tenant side could be moderately profitable, and perhaps even very profitable at high enough volume, but there is less of this type of business and all PMs aggressively pursue it.I'd be leery of these real estate agents who do just the tenant work (no overrides on coordinating maintenance) on a part-time basis in low volume.

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By doing minor/moderate repairs to each unit resulting in the ability to raise the total rent/month from $4800/month to $6100/month.

It is painful and moderately annoying but you get a low rate and a 30 year term.

I said I'd like to view the property before actually making an offer (REO in need of moderate repairs by the looks of it) and the communication just went cold after that.

The property is an 8-plex built in 1961 in moderate condition, all 8 units are currently rented.

I've had 401k funds in REITs in the past (with a moderate return), but I haven't had much interest in investing passively in a syndication.