The drawback is you need to build trust and relationships upfront.Both have their place, but private money tends to offer more flexibility, while hard money is more structured and accessible if you lack personal connections.

This is Part 1 of the response.

Not talking about you personally.

This person did not raise any money, they invested around $600,000 into the offering and because they were one of the larger investors were considered a Co-GP because it was a new sponsor and they needed this persons $.

Dumb question - but are these auctions online only, or in-person? 

I recently added new properties in a new city and posted a craigslist ad but got no response.

With the attached document, can you tell if Wagner has any responsibility to help the buyer.

A more realistic expectation is 24 hours which will ensure we can arrange any repairs or corrections with a team, handle it in person, etc. be curious how this plays out as I worked for local developer for a while and developed several properties in Alexandria (Specifically old town) and while the city is challenging like any city - they were mostly realistic.

A one-person show isn’t gonna cut it.

Clearly, they failed in their primary responsibility to you as their layer of due diligence was a mere gossamer like patina.