Investment & Due Diligence Associate

About Flock

There are 17 million Americans who own rental property. Most don't want to be landlords anymore, but selling isn’t a good option. Why? You’d lose income and appreciation, trigger tax liabilities, kick out your tenants, have to fix up the house – the list goes on! Flock is here to help.

Flock’s mission is to provide every retiring landlord with the most cost-efficient and seamless exit. Our first product is a tech-enabled 721 Exchange for Single Family Rental landlords. Owners contribute properties into our professionally managed Fund, in exchange for passive equity ownership. It's a modern UPREIT model designed for sophisticated owners who want access to continued cashflows, liquidity, and diversification without triggering capital gains, disturbing tenants, or dealing with disposition friction. We’re now growing fast into the commercial and multifamily space and are looking for smart, entrepreneurial hustlers who want to help build something category-defining. 

We recently raised our Series B, led by Renegade Partners, and are also backed by other top tier investors, including Andreessen Horowitz, Primary Ventures, SUSA Ventures, 1Sharpe Ventures, and leaders from Invitation Homes and Opendoor. 

About the Role

Flock Homes is seeking a sharp, analytical Investment & Due Diligence Associate to join our Investments team and help scale our property acquisition engine. This person will own valuation and underwriting for a variety of residential assets and play a key role in ensuring a seamless due diligence process across all transactions.
The ideal candidate is highly organized, financially fluent, and comfortable juggling multiple high-stakes transactions with precision. You should enjoy digging into complex financial models, solving process challenges, and communicating clearly with both internal stakeholders and prospective clients. This is a cross-functional role critical to ensuring Flock’s acquisitions run smoothly and efficiently as the company grows.

Key Responsibilities:

Underwriting & Valuation

• Manage end-to-end underwriting, including comparable-based valuation and cash flow analysis, for single-family, small multifamily, and manufactured housing properties in target markets.
• Evaluate internal fund performance to better inform asset allocation, changes to underwriting assumptions and provide partnership to asset and property managers. 
• Develop and enhance detailed pro forma models, incorporating risks and projected cash flows.
• Work with the Engineering team to optimize valuation and transaction management tools.

Client Engagement

• Participate in client calls with prospective customers to explain valuation outcomes, methodologies, and P&L details.
• Clearly communicate complex financial concepts related to Flock’s Fund and 721 exchange structures.

Document Management

• Collect, process and organize lease agreements, HOA documentation, maintenance records, and other property-related documentation
• Verify and maintain delinquency information and security deposit records
• Manage accredited investor documentation and entity formation papers (LLC/Trust)

Physical Due Diligence Coordination

• Schedule and coordinate property inspections with all relevant parties
• Upload and organize inspection reports in company database

Team Growth & Communication

• • Act as a key cross-functional partner to Engineering, Capital Markets, Operations, and Asset Management as the fund grows.
  • Drive process improvements to enhance efficiency and accuracy.Ensure alignment between all internal and external parties throughout the transaction process

Required Skills & Attributes:

• 2-4 years of investing, consulting or project management experience
• Foundational knowledge of investing concepts and willingness to rapidly learn real estate underwriting and valuation
• Exceptional attention to detail and organizational abilities
• Strong professional communication skills (written and verbal)
• Proactive problem-solving mindset
• Strong interpersonal skills 
• Ability to work independently while coordinating across teams

Even if you don’t meet 100% of the qualifications, we recommend applying to the role!  

Location: NYC or Denver

Compensation: The annual salary for this role is $90K-$110K, with target equity and benefits (including medical, dental, vision, and 401(k).