It probably is less risky like you say, but that also means lower potential upside.

Sellers may find that the upsides of WS in terms of speed of transaction and quick cash are worth somewhat of a lower price, which is plausible because the margins WS get on sale/resale are not great.Overall not sure if I think WS add value to the market, not all market actors do for sure, but if I were to make the argument it would run something like the above. 

In my experience, State Farm has lower rates and the entire process is soooo much easier than the more conventional lenders.

The quote is to get a number obviously but also kind of an interview for you to judge their integrity and character.I like to find guys who are kind of on my level - have some experience but working on scaling up.

Thinking it might show an extra level of professionalism and result in more offers/money

I feel like the liability and complexity is lower with SF.

(pictures of current house pre-renovation listed along with a second house-MISTAKE)July 23, tenants move out and return keysAug 31 First set of renovations complete, mostly cosmeticThrough Sep I negotiated with Norada and M.I.P to improve the renovations, I was not satisfied with work nor scope, they agreed to all items and improved the unit through Sep while it was on the market.Sep 12 Appraisal came in for asking price of $95,000, cost $495Sep 18th Third Party Property Inspectors found items, M.I.P fixed all issues, Cost $295Sep 28th, closed on the property, no tenant yetClosing: The closing was smooth, mobile notary came to my houseAll paperwork initially was signed via DocuSign, but ended up signing everything in front of the mobile notary at the end againElectronic copies were available post-closingNo issues with wiring money, etc.Post-Closing: Home is still empty, Reedy and Company Realtors, LLC is now the Property Management companyPictures of final renovations were provided after many inquiriesHouse rent rate was lowered to $965 after sitting vacant all summer at $1065I was not sure why they raised the rent so high during the closing process.

I developed a calculator in excel that adds the rehab cost to the purchase price thus adjusting the cap rate, if the rate isn't where you want it to be lower your offer or don't make one.

What was the catalyst that took your yellow letters to the next level?

These companies will often have a third party engineer ensure that the plan is good and they'll test before and after to make sure the house was leveled according to the plan.