If you "Borrow" $100 today, and the stock markets skyrocket, you have to "pay yourself back" for amount that the stock has skyrocketed for (which may end up being much higher than whatever return you make on real estate).  

If so, I'm curious if you are pleased with the services they have provided as your property managers, and if you are "surviving" with the low returns that their turn-key solution offers. 

So how do you push rents for a better return? 

Now prices have soared and returns are minimal and inventory is low.

Any of you have any luck getting a good return consistently and with any potential for scale inside Washington State?

You can also expect at least 20% down if not 25% down so those are pretty good terms. 3.5% is well below market for ivestor property so again better than average returns. 

Sometimes garbage is exactly that...but sometimes you can see that diamond in the rough and be able to polish it up and the returns will  be great!!

We are only required to return the amount  of the actual deposit less damages with an itemized list within 30 days of vacancy AND a forwarding address. 

This has proven ineffective as most of these properties' income can barely sustain themselves [even with a "larger" (20%-30%) amount of equity down] and the ones that do have worse returns and higher risk than if you were to put money into a CD, for example. 

The deal he's offering is that I cover the entire cost of the 5% down deposit and renovation cost (closing, miscellaneous, etc.) and in return, we each pull 12k annually.