Their credit score is also slight less than the minimum credit score required to qualify so I can reject them based on those grounds. 

Start with something either turnkey or light value-add, so you can start forming your boots on the ground team with less pressure and risk.

Perhaps there is a middle ground where the $145K balance has to be accelerated down a certain amount for the lender to be comfortable with the release of the subdivided parcel.

Completely renovated from the ground up in 2016, this home boasts fully restored original heart of pine floors.

Must be kept on a short leash while on grounds or in common areas.

Completely renovated from the ground up in 2016, this home boasts fully restored original heart of pine floors.

And lastly, it is one of the few remaining markets that you can get a 'steal' for a property.....all I recommend is that you rely on your 'boots on the ground' to point you in the right area codes.  5/30/24 Update:  I have been patiently waiting until our court date to reply to this post. 

I do not feel comfortable going back over there after how they acted during the inspection.Do you think they will have legal grounds to move forward with suing or rent escrow actions given the following circumstances 1) "as-is" language in the lease (pasted below); 2) nothing about smell is included on the pre-move-in inspection; and 3) the city inspector was already out and stated there was no violation?

There was a group trying to get off the ground maybe 2 yrs ago. 

With the Boots on the Ground team (agent, contractor, property manager), I would add experienced local investors to this.