At a conservative 6.25% capitalization valuation, the building is worth $16,480,000 in 9 months based on a run-rate NOI of $1,030,000.Key Finacial Highlights:- Projected Total Revenue Potential: $1.15M to $1.7M, reflecting a 48% increase.- NOI Growth: From $603K to a run-rate of ~$1M within the first 12 months, marking a 73% improvement.

Totally agree, they are terrible.I will be reporting them to the governing department.Feel free to reach out and compare notes.

The area is called the Pearl and that worked it totally regentrified the area but not affordable condo's U know start at 500k and go to many millions.

Like you mentioned, frequent crashes, problems uploading photos, weird restrictions on what words can't be used, listings removed for no obvious reason. ....and, to me, the navigation/operation is very unintuitive and cumbersome.

I'm in the camp (tax-wise) that there should be a Flat tax or better yet, National Sales tax with no deductions for anybody or anything......so obviously the concept of depreciation would go away also.

Additionally I totally get moving into other realms of investment as just described.  

What’s the upside to the LLC that you obviously didn’t need for property you’re selling.It’s not going to give you a tax advantage, a privacy advantage or a liability advantage.

I definitely don't make any money off the place, but the airbnb rentals pay for maintenance and my gas driving to and from WA :-) Question: Have any of you missed some either obvious or not so obvious red flags that would have caused you to negotiate or walk away from the deal and if so what were they?

My dilemma is that one of my properties is worth about $400K and I owe ($40k on a HELOC & $50K on the mortgage) and I'm on tract to pay them both off in 16 months- paying ($2000 from the renter and me paying $4000 a month on the HELOC= $6000 per month total) I plan on doing this until both loans are paid.

I am in negotiations for  a duplex and triplex to get me to a total of 7 units.