The inspection and approval process of s8 basically causes s8 applications to be lowest priority processing.  

Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.

Do you rely on inspections, local contractors, the agent, or property managers to get eyes on it?

Thank you @Jaycee Greene and @Hossein DaneshIn sum:- 42 apartment rental deal (land has potential to add 32 more on  two small building but that phase would be out of scope for this initial stage analysis).- Negotiated sales price $3.2 (seller financed)- 30% DP @ 7% / 20rs.

Main motivation is to use the cash for bigger investments like MHP/MF building purchases.

– Considering Class A properties with established tenants• Less focus on appreciation – Prioritizing income stability over potential future gains Current Opportunity: I’m evaluating a retail property in downtown Portland with:• >80% occupancy, most tenants in place for 10+ years• Decent cap rate (6-7%), NNN lease• Well-maintained, high-quality building, with existing HOA which will take care of maintenance. 

Usually the numbers don't work to build in these neighborhoods, unless government tax credits, etc.Do you see the problem with your two statements:"The turnover costs could/will be high"and"How much more damage could they do?"

Find an architect who specializes in this type of work, and who is very familiar  with the building department

Find your local REIA and start attending and find the Realtors there to build friendships with. 

New builds, new developments, plenty of rentals within driving distance of the city center, and there are still plenty of areas where a good eye for a rehab job will get you a good ROI.