Yes, I’m using TheGuarantors platform for long term and Waivo for midterm and short term tenants instead of a traditional deposit. 

Consider factoring in your CRM, transaction management platform, signs, lockboxes, and runners. 

Even still, investors will often want equity in the projects.Giving equity to private investors can hedge your bet.

It was interesting, and anyone entertaining the idea of operating there should read it be warned.Operating an STR in my county is illegal, yet I see many homes on the platforms.

In Metro Detroit area, police will not remove these types of occupants (they are afraid of scamming landlord having police remove legal tenants), calling them a "civil matter" forcing landlord to start court eviction process. thats a good question Drew.. but I bet if the police are aloud just a little bit of fact checking and do police work they can determine the fraud very quickly.. 

My bet is both those will be redeemed prior to auction.  

If the real estate is producing a steady return, you can make more aggressive bets with stocks or other alt assets.

Details here: https://www.biggerpockets.com/forums/521/topics/1214849-dmv-...I recommend checking them all out initially, I bet you'll have a lot of fun networking!

., and guest verification platforms like Superhog or Chekin.

Getting multiple contractors involved will be your best bet to get a reliable estimate, though you need to come up with a scope of work.