A failing roof or major basement/foundation issues yes - but not your usual missing smoke detector or leaky faucet. 

Hey mate,Sorry to hear about your troubles.I've been offering "true" turnkey properties for 10+ years now and have many scars to prove it.There has been and still is a huge stigma surrounding the industry and rightly so.The very best rated in the industry sometimes get blasted on the forum.Like with any business that has stood the test of time, we have had our fair share of successes and failures.We have done very well for many investors and could have performed better for others.Many times, we are to blame and other times it was the investors fault IMO.One thing I have always claimed is that we don't steal, cheat or lie and my team and myself work very hard and always make decisions with investors best interest at heart.Personally, I believe that folks that work hard and do their best shouldn't be crucified for an honest mistake when it happens.But, I guess others aren't as reasonable when it comes to such situations and I don't judge them for it.I take the punch on the chin and still continue doing my best.Over the years, I have made millions and lost millions but only blame myself when I loose.Not others.Also, I've always preached to start slow and only use cash which has cost my business 90% in sales volume.I just don't believe that investors should use leverage when first starting to build their portfolio.Reverse engineer and base all real estate, business and even life decisions from a risk analysis worst case scenario standpoint.If you believe that you can absorb a worst case scenario outcome, then pursue the opportunity.Build a strong foundation with cash owned properties and gain experience first."

An example of my training can be found at my site here - https://nhbig.com/training-paidMy students come and go and some make it and some do not, for the same reason I just mentioned - we just don't take the time and focus needed to master it!

We bought the property on 3/8/2024 for $315,000, expecting an ARV of $315,000 after addressing a foundation issue and completing renovations.During the inspection period, we received a quote of $16,284.72 for foundation repair and $23,800 for subsequent renovations.

During inspection, quotes were $16,284.72 for foundation repair and $23,800 for renovations.

pricing is going to be determined by location for instance I suspect in Texas with its famous soil and foundation issue's it probably more money.. 

And the last wind storm saw about 50 or 60 houses get smashed by said 10 ton fir trees many the trees went right through them down to the foundation anyone under said tree would have certainly perished..

I will be buying sub-2 with a wrap with OPM and putting it into a syndication.Again this is above the skill of a typical investor and will take a year or 2 to get the foundation set up before I actually buy any property.

., electrical, plumbing, foundation, etc. 

Poor communication from the PM, poor subcontractors that had to come back multiple times to fix what they didn't do correctly the first time, delays upon delays with materials deliverables.