That can be expensive and will likely cost between 15 and 20% of the revenue (and that doesn't often include the cleaning fees) which may mean that you don't make a profit. 

Quote from @Mike Klarman: For a guaranteed 10% down program you'll need good credit and 3+ experience but then with closing costs it will be more like 15% and then holding costs and such. 

There is marketing costs, staffing costs, costs of brokerage and just running the business in general, technology systems etc etc..

They are supposed to be more scratch resistant and they cost slightly less while looking as good as LVF. 

One of the main reasons is this: imagine that you rent out that 'bedroom' to someone and there is a fire.

The cost associated with true anonymity is far more than the benefit you receive (or the need in 99.9% of cases).

That is, how well did your deal analyzer estimates match the actual rehab costs, holding costs, ARV, and profit?

I tell ya those things grow legs every 2 years for some reason.

I would tell people today that if you buy a primary residence expect to stay in that home for atleast five years, especially with a FHA loan which has lower down payment as the current forecasts for home appreciation or very low which with closing costs on the buy and sell, it will take several years to have equity in the property and enough to be able to sell, so that is something also to consider.

Insurance cost is a huge problem here for all Associations.