A wholesaler came to my investment group meet up and presented the deal.

Not sure if the future will present a better RE investment market but I know that non value add, rent ready, LTRs do not project the return that I expect for the effort and risk of residential RE.  

But the issue is that virtually all markets present negative cash flow after the refi associated with the BRRRRR.

To do this present your opportunity with all the details for assessment. 

This place was presented as a luxury accommodation.

I have been presented with an opportunity to invest in a Class A multifamily syndication in the Old Hickory Lake/Lakewood area of TN.

The Owens Creek Rd deal taught us valuable lessons and presented challenges.

You are terminating their lease, which is done without court involvement.I recommend you present the tenants with an introduction letter as soon as you close on the property.

However, if I am presented a deal, I will analyze it accordingly.

So, if there is a problem, or if there might be a better way to solve that problem, they don't see it, don't understand it when it's presented to them, and won't do that "creative" solution because of it.