Their model is based on past sales prices and things like number of bedrooms, total sf etc.  

The monthly transaction cost of a few texts and a monthly face-to-face conversation is negligible when compared to less rent, higher turnover, and higher vacancy.My business model is a high rent, fast maintenance service, and high touch.

At this point, I am still in research mode.

mode=story

Using my current rental property as a model, I want to put up the capital, hand it over to a property manager, and collect.

I'm kind of in a panic attack mode because I told them I would give them an answer tomorrow.

.), and some younger higher-income couples w/o kids (age mid-thirties) moving in.I did some research online and found a few relevant data points for the overall city:Median HH income is 55k vs. 68k average in CA.Medium duplex value is 530k (my duplex is one of the nicer ones, thus higher value and much higher rent premium)Median gross rent 1400 monthly per unitDemographics: 65% Hispanic, 15% white, ~10% black, ~10% AsianAverage age 35 years old40% never married, 45% married~40% residents foreign born~80% residents commute by car (makes sense - we are right by a major freeway and no commuter train present day), 20% other modes of transportation

I'm in growth mode and actively looking to add to my portfolio.

Yes this model is very feasible, if planned with care.  

Definitely in learning mode so would love to hear about your experience in the area.