That part is as advertised.The Not-So-GoodIt’s Expensive—Like, Really Expensive.First-month rent is entirely theirs whenever a new lease is signed.15% repair management fee on top of already high maintenance and repair costs.No late fee benefit for owners—any late fees go to REI Nation employees as an “incentive” for chasing payments.

What are some of the best areas or even zip codes that would be good to buy a rehab property?

I would try as a company to do whatever it takes to keep the old timers in the forums with some benefits or something to show that they mean something to the site.

I do like the tax benefits and leverage.

and that was owner occ.. todays rates are pretty normal actually. what you can do if you want though is find a really good HML and let them place a loan for you making 10 to 12% while your wait for things to change to a situation that you feel you want to move forward be more net return than buying a rental thats for sure. of course no tax bene's but there really is not that much tax benefit on one rental.. so just some alternatives. 

I’ve been thinking about partnering with a successful wholesaler and seeing if they will expand their operation to include the zip codes I am interested in.Example:  I would like to partner and give money to a successful Detroit or Texas wholesaler and see if they are willing to add my Georgia target market to their operations.Before moving forward, I wanted to get some feedback and advice from those who are wholesalers or who have partnered with wholesalers.Has anyone ever heard or have experience in a partnership like this? 

They can't take advantage of all our tax benefits.  

YouTube is also a fantastic resource—it's free and you can learn at your own pace, which is a huge benefit.

Reinvesting $700K defers most taxes, preserves equity, and allows continued depreciation benefits.

Thanks.It’s definitely worth a conversation with your neighbor, but as others have pointed out, they might see it as you benefiting more than them.