Downside is setting the “ sale” price such that the original investors get fair value and NewCo investors aren’t getting a bad deal.  

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I’m also the founder/owner of Sabino Properties, a boots-on-the-ground services provider in Dothan, AL and the Wiregrass.  

regular mortgage How did you add value to the deal?

THAT is the kind of value Quest gave.

Quote from @TJ Dittmar: @Jaycee Greene not quite that high I'm seeing comps in that area averaging $1300@TJ Dittmar, got it.

I have used avail.co in the past with great success but it appears this software and others no longer market on zillow which I know to provide a lot of leads in the past. 

Highly recommend self-managing so you can take advantage of a cost segregation and the short term rental loop hole!

Insurance proceeds are typically provided in a check that must be endorsed by both the policy holder and the mortgage holder.