I would call them c+ units (thats a guess, I dont know how you guys figure that rating, i've looked).One big issue, they backup to a large drainage ditch, they flood.

How does that saying go.. snitches end up in ditches. lolHow bout everyone mind their own damn business.

I guess I'm saying that sure, I wouldn't use a Realtor exclusively and then at the last minute ditch them to save 3%.

And I'd never recommend ditching your wife or the dog but it could be time to ditch the bad rental and 1031ing into something that makes more investing sense. 

FYI - I'd suggest ditching the MLS (to reduce your competition) and go direct to the property owner.  

I'm set to schedule the pump outs and inspections today (22 at $250ea = $5500) so I'm doing a last ditch social call out in case I'm missing something obvious.

If you take payment up front make sure that the person paying their rent,  knows it goes against the account for the property, so basically they would be paid in full for the first 6 months not 12,, it's not considered a split portion of rent it goes towards total rent for the apartment,  and your not dealing with incidents if other person ditches and 1st person is stuck.  

I still don't claim to know it all, but I know what things should look like, and if my contractor ever ditches me for another job on a certain day, I can walk into the property and know I have some things to do.

Just let me know if you hit the point where nothing is going to happen and you are all done, so I can go try for a listing :)For the bonus question, banks pretty much lend as long as the value of the property is there, they kick each others grandma into a ditch if they can write a new loan on something.Good Luck!

I have seen more than one otherwise viable condominium project driven into the ditch by disagreements between developers and contractors.