As others have said, the remaining useful life of major systems matters far more than whether something is still functioning today.

Their appliances are often deeply discounted and still function like new.

For many syndicators I suspect they could not function economically without up front fee's so in their structure is expected most of the time. 2.

I like the turnkey model, but it's very challenging to find trusted partners and they seem to rotate; curious to hear others experience. 

Separate “must-do for safety/function” from “nice-to-have to increase ARV.”For BRRRR, the only things that must be done upfront are the items an appraiser, inspector, or tenant would flag as functional or safety issues, plumbing, electrical, bathroom addition, paint, etc.

crap I just wrote a long response and the site went down so here is the crib notes.1. ton of competition for investor dollars so investors look for highest returns and work backwards.2. sophisticated investors look at returns as a function of risk.3. less experinced investor tend to be bigger risk takers.4. to raise money one needs verifiable back ground and a deal that is simple to describe.

I would certainly look at starting to build your team and connecting with other professionals through the platform using the Build Your Investing Team function up top.

Some of the investors I work with rotate capital using short-term bridge loans or refinance strategies, but I’m always looking for new insights.

A clean, functional, durable home performs better than a “beautiful” one that breaks every six months.5.

Storage wins tenants.If the HOA limits exterior changes, look inside:add closet shelving systemsadd hooks/organization in laundry or entry areaover-toilet storage in bathroomsPeople LOVE units that feel more functional.7.