He's a really smart guy when it comes to supply, demand, rent control, and overall investing

I never buy condos for this exact reason, having someone else control my investment.

This is bogus if buyer and seller are independent parties (if the parties are associated then I understand setting true value) as there is usually a reason for the discount purchase (risk items like unpermitted work, crazy low rents in rent controlled area, hoarder, heavy need of rehab, etc).  

You have to understand your rights and maintain control of the situation. 

Most investors will also take into consideration risk, time invested, control over the asset, the ability to do a cash-out refinance, and other factors.

It’s fantastic to hear you have such extensive experience in the market—especially since you’ve been helping others navigate it since 2009.

But hard for investors to control what they invest and how long can we get the money back so I won't invest more money with them. 

And keep an eye on what’s happening in the market, so you’re prepared when the time comes.House hacking is a fantastic way to start building wealth.

And it's actually scary that he controls the acquisition and rehab part of the process.

The police & animal control are very little help because of a lack of resources... always good to see my tax dollars at work!