Not all units have it but we got a good deal with our vendor and 1 bug complaint can cost hundreds so our owners were on board as well.

Compared to local insurance companies (I've used Farmers, state farm, and a several others over the past decade + of doing real estate) save me hundreds on monthly premiums.

But the cost to have a license roofer install it is going to be $10,000+, if I had to take a wild guess....Versus a couple hundred dollars for you to roll on the elastomeric.

You can spend hundreds of thousands on large developments that you never buy.

I would not choose residential RE at a few hundred return a month per unit.  

You may think you're being savvy by saving a couple hundred bucks only to have your loan fall apart a week before closing and miss out on your deal.

Personally not a fan of out of state BRRRR.I think it's a recipe for disaster and having been in the game for 10+ years, I've seen the disaster first hand as I bought hundreds of deals from disgruntled out of state investors who thought they can do it themselves.My property management company has doubled in 12 months also due to out of state investors getting caught with a poor property manager when trying to do it themselves from afar so they come to us for help 🤷‍♂️I'm seeing many investors buying D class crap on the MLS for too much and that needs work.They end up being into the property for 30% more than they would be that if they just bought turnkey.A true turnkey provider will find the cheapest/best deals through a variety of acquisition methods, renovate well and sell for fair market value (And manage in-house).If things go South, they are solely to blame and the penny drops with them.But with DIY, who is to blame?

After buying and selling over 1,000 properties for my own inventory, hundreds of which came from REOs,HUDs, VAs, Tax Sales and Sheriff Sales, I have some experience in this area.1.

I knew my limitations and I know there are hundreds of super successful syndicators but for me the risk of something not going right was too great so I took a different path. 

It is the cheapest beach front property in the US for a couple hundred miles (at least).