Assets identified in this study include:Appliances: Dishwasher, microwave, oven refrigeratorInterior Finishes: countertopsFurniture and Fixtures: shelving, built in cabinetry and decorative light fixturesSpecialized Equipment: Electrical systems and specialized wiringHVAC controls and specialized components63.6% of the total depreciable basis was classified as 39-year class life.

Since you can't control the sale price, you basically have a $4k cushion to your reno costs, or otherwise you lose money compared to the as-is scenario.

Not sure how you believe they could control their cash flow. 

Worrying everyday about getting fired for something out of your control?

No one is perfect though in RE if your doing volume your going to have a few that are bummers but at least in our program there is control.. not this feeling of helplessness when you hand your money over to a syndicate and they go dark your totally out of control of your funds..

Syndicated deals can be opaque, with high fees and limited control for passive investors.

You spoke on a panel about home building, and I asked you a question from the crowd.

Where's the panel?

I wasn't skeptical at first because I control who I decide to rent my property to. 

Quote from @Henry Clark: @Michael PlaksIf they want to stop money laundering and funding terrorism they can control the border.