IF YOU'RE LUCKY, they can rinse and repeat again, though unlikely they'll be able to pull all the money out from simple cosmetic updates.

Besides the workload, my concern is that I'd be on the lower end of the potential income spread by DIYing. 26% is nothing to sneeze at though. 

Ours is a simple 'multiple of rent' - example is "100 times monthly rent" - If rent is currently $1500 the value is 150K.2) IF someone want out, the remaining partners have Right of First Refusal.

Daniel,I could argue for a first flip, keep it simple.

Most people who overcomplicate it are never going to result in a paycheck for the operator so I eliminated all of those distractions once I took a large slice of my market.What I do with all people who reach out is simple.

Is this something as simple as a google search? 

Was it a lot of research or more simple than it is made out to be?

Is there a simple Property Managers book that has a chart with scheduled maintenance etc ?

@Lance Marshall The reason that I believe the lease option model is better than the simple buy and hold model is because of several reason.  

I can certainly spend a lot of time researching and DIY, or use an affordable online service, or I can sign up with knowledgeable advisors that cost thousands.My question is how much net worth do you think one should have to justify getting the pricey advisor's service?