I look at location, price compared to surrounding properties (to force appreciation quickly), desirability, path of progress, underlying fundamentals, etc.

Currently, the 'initial' investment is set at $997, but as you progress through the coursework, they will likely require additional payments for further education, keeping you in a continuous loop of purchasing their materials and courses.

The risk profile for someone who's a local GC and has worked on structural rehab buying a portfolio in a building is quite a bit different.Also, situations like this where professionals can properly evaluate risk and bring in capital to solve the problem of said older folks is a way to earn income and make a positive impact (assuming you're not low balling the distressed, fixed income seller).

So, you should go on site to evaluate and I would negotiate in person and try to settle everything.

If the grand list grows and the town budget doesn't grow, then the mil rate would go down and your tax would not increase.With the evaluations going up, this will be a year that the towns push the budget's higher so you will see an increase. 

Thanks for your evaluation. 

Here are some of the key things to look out for when evaluating turn key companies:Don't allow financing or a finance contingency.

Given the substantial prepayment penalty and your current low DSCR, it’s crucial to evaluate how long you plan to keep the property and whether the savings from refinancing will surpass the cost of the penalty and associated fees.

If you position yourself on the outer edge of that moving path of progress, there could be opportunities for STR/MTR/LTR all in the same neighborhood, which gives you that desired strong pivot-ability.  

This will be my 2nd brrr and I have a 3rd also in progress so still alive.