Brandon Turner recommended this technique in his books and podcasts, but that was back when he was managing his own properties.

If you plan to clean this thing yourself you'll never make it.

Are they easy to work with?

You have to explain it to the listing agent who doesn't get it, who then sends that to the seller, by telling them it's not that you have no money, but this is a right afforded to you based on your service to the country and you can also show proof of funds that you have money, but are choosing not to use it as a downpayment because you want to do reno with it.I would use your VA, that's what it's there for.

I absolutely collected first, last and security for my class-C rentals until NYS prohibited that practice back in 2019.Many tenants cannot manage their money properly, so this mitigates the issue of not being paid last month's rent when they need to move and the new landlord is receiving those funds they have allocated for their housing during the last month of their stay.This was also helpful to me to pre-screen who has their financial house in order and had saved for their moving costs as part of their planning.If I still could, I most definitely would - without exception.

It is important to have the right but knowledgeable/experienced team in place. 

I decided to try Flock Homes and sold a rental property to them earlier in 2024.

First off, I want to say how much I appreciate this amazing community.

I can't think of a reason in this scenario that would align GP's objectives with that of an LP. 

Needs electrical, plumping, windows, etc What made you interested in investing in this type of deal?