Earlier quoted context omitted.
I love this because bootstrapping the concept is far simpler than an infrastructure build out, this is a super-service which can start out by sub-contracting all the individual services. I am game, when do we start! update: Some further thoughts on cost. Looking at what I pay for my home (some of these I use, some I have had quoted; I also factored a monthly cost out of some of these which are quarterly). My home is…
I think the main weakness in this business model, which is the same one with condos, is that people don't like to think about the really expensive things that they don't need to pay for regularly. When you need a new furnace/roof/fence/siding/driveway/etc., it's a multiple-$K hit. If you haven't budgeted for it (and I think most people don't), then the tendency will be to put it off for another year or three. I would…
And you're right - people don't budget for the big issues. And that's all the more reason they need a service like this. A monthly, predictable bill is more manageable than a series of big, one time hits.
As for maintenance debt, pricing might need to take into account the age of the various components (roof, fence, siding, ect...). And, of course, any pre-existing conditions (ie. roof needs repaired now) wouldn't be covered at all.