Although the rent was slightly higher than the market rate, restoring the property to livable condition after just one year cost over $15,000.The property isn't listed on major platforms.This is concerning.

There has to be a long list of complaints from the California DBO at this point.

We should have a "good, bad and ugly" GP list for people to look up and avoid these GPs in the future.I wonder if anyone of you have heard of 711 Rescue and can let me know if this kind of company might be able to help the LPs.

This would include making the listings, setting pricing, finding tenants, managing maintenance requests, and offering deal analysis to investors.

Are their listings detailed with good-quality photos?

Because this property is located in midtown historic district of Sacramento, we feel there may be market for both MTR and STR, but first thing is we will target LTR and let 3 or 4 units filled in.When we first start developing this apartment from ground up, it was intended to flip and move on to the next project, with timing and interest rate etc.. we deiced to keep it as a cash cow for a while and see how things go.  

I'm a Realtor with a couple properties listed in Boise, ID and a neighboring town for my investor/client that are currently rented as co-living or rent-by-the-room and getting killer income. (7.3% - 9.5% Cap rate) So far, every inquiry has been baffled by the concept of co-living or rent-by-the-room and immediately ask if they're being run as a halfway-house (which they are not).

I used those as my guidelines and I list them in the description.

However, if you seem similar listings in your area and they're requiring tenants put utilities in their name, then you should feel more comfortable doing so.

Quote from @Steve Lehman: @William VreelandAs a local Indy Investor and RE consultant I have been flowing the IHA development closely to see what kind of developments have been happening.