Its a product we offer, just doesn't get a lot of play, because its a pain to refinance that seller out down the road.

I bought my first duplex in Milwaukee 15 years ago, brand new investor, working in corporate, just read RichDad and attended one of their seminars.

Part of this is a diversification play. 

As opposed to a brand name insurance company that likely will only have 1 option.

We’ll see in 24 mo if my strategy plays out.

You can't just start a syndication as a GP with no background in investing so I don't know your play here.

I realize there are a lot of variables at play during turnovers, such as:- What was the condition prior to tenant move-in and what is the condition after move-out?

We have a few single family homes in Kansas City, in a nicer, brand new neighborhood (built 2022).

I suspect the odds that the wholesaler did not misrepresent anything is fairly small.if your wholesaler is picking up the legal costs to pursue this so that you are only going to be out the time value of your earnest money, I think I would just sit back and see how this plays out.  

This is a basement apartment, I not only advise to run a dehumidifier but I stress to her the importance of doing so in the summer months, and provide her with a brand new, 400$ dehumidifier when she moved in.