I've recently come to the conclusion that mold is the one of the biggest hustles in the inspection/home reno business b/c I see "mold remediation experts" charging tens of thousands of dollars to remove "mold" that isn't harmful to 97% of the population...but I realize that is an unpopular view.Anyways, about to close on a house that has a musty smell to the basement and likely some mold down there, so I'd be curious how you treat your properties with that issue - after buying them for a steal ;)

Looking for short cuts to avoid the responsibilities will lead to only one conclusion.

I did my research here and the overwhelming conclusion (from rehabbers and property managers) is that no one wants to live in a house with swamp (evaporative) coolers anymore.

With the BP among other personal resources, I'm coming to the conclusion that we need to stick to a specific % as far as returns.

This information will never show up in a report, but could move the needle on the final number the appraiser comes to.Your best bet is to go through the report with a fine tooth comb and figure out whether or not the appraiser came to a legitimate conclusion based on the information available.  

Maybe for a nominal cost an attorney could review the agreement you signed. https://www.rocketlawyer.com/plans-pricing.rl#/If the conclusion is the same that there is no chance of recovering the money then at some point you really have to chalk it up to a learning experience.There are people on this board that have lost 4,5,6 figures before.

At the conclusion of that effort, I'm only concerned about its value being somewhere reasonable close to the entire cost to obtain and renovate it.That said, in thinking about how to get to that outcome, it seems to me the idea of buying the note from its current holder would be an ideal solution, depending on two fundamental things.  

The majority of the inventory is studios and 1-Bedrooms (in the cities).Conclusion was essentially that Baby Boomers are down sizing and Millenials are going to need small Single Fams and this is going to create a huge demand for "Work Force Housing" for the next 10 years-ish timeline. 

After observing the property for a while, I've come to the conclusion that the landlord was very lax with the rules and these tenants are going to be a bit challenging.

Conclusion: I may need to sort 3000 properties to get one profitable deal.But one profitable deal does not make a living.