I am hopeful they will want to work with me to get things repaired and updated to validate appropriate rent increases.

Great people, intuitive platform, get their K1s out on time and returns have met expectations...one of the reasons I am invested in two funds at this point as the first investment was really to test the waters and validate I was a good fit.  

If your objective is to reduce your own tax burden, you are in essence confirming they have no valid AP claim.

My EA and I were able to validate that the discounts provided were better than anything we can find on our own and if you think about it: Instead of going directly to CB2, Wayfair, Rejuvenation, West Elm, etc., you can just buy it all in one swoop through Minoan. 

This is a touchy subject.If you observed specific concerning behaviors during interactions, such as rudeness, aggression, or disrespect for property, these could potentially be valid reasons for rejection if documented properly.You should add one very important things to do on your checklist, past landlord references and it must be legit and find out why they aren't there any longer.

Zachary,Your concerns about Cleveland are valid—high property taxes and stagnant population growth are definitely challenges to consider.

BUT even then, the contract is valid, it just violated Portland regulations and the owner would owe the tenant the local Relocation Fee (penalty, which is steep). 

Quote from @Rajagopalarao Paidi: I have not seen any deals with this much spread like rehab+pp/.75, is this still valid and expected, because I have not come across any in this range  Hey Rajagopalaroa--Agreed--I don't use the 75% rule. 

., $200) without approval, but anything above that requires your go-ahead.How do you plan on validating that the work is done?

It sounds like you're at a crossroads between two strategies—both of which have valid points.