Here is what deterred me:  I asked for audited financials, and they couldn't produce them. 

I assume the source of these reports are from unscrupulous competitors or jilted prospects that don't qualify, but that's just a guess. 

Quote from @Alex Melara: I think a huge time constraint is vetting/confirming the legitimacy of prospective tenants.

Someone who gets prospects on the phone all day, tries to get them interested, qualifies them and then connects to them to a "consultant" who pitches the various investments they are touting that week. 

“showing unit to prospective tenant” is much stronger than “worked on rentals.” 

I used that extra time to prospect more deals, make more banking contact, realtor contacts, study areas to target for new acquisitions.  

Both have relatively approachable home values below the national median with solid rent to price ratios, and good employment prospects with many large companies based or building in the area.

;) The Vacasa rentals I have seen as a prospective guest don't seem to be all that nice and reviews aren't great in my opinion. 

The projected IRR on our prospective rental deals has been lower than the return on flips.

I have begun to narrow down my list of prospects already and have a laundry list of questions.