Your strategy sounds solid on paper, but moving extremely fast with lots of moving parts and a lot of debt. 

Often times you'll find these properties to be a little bit outdated, but are in great condition and extremely well kept.6.

Your first concerns should be your operating procedures and insurance.  

This transparency in their payment process can inspire confidence in their operations.In summary, despite initial concerns, the company appears to have several positive aspects, including flexible payment options and a commitment to serving a diverse market.

I will be seeking financing with my partner, who also has excellent credit.My main concern is the amount my credit score would drop when taking the offer, and if this would adversely affect our ability to apply for financing.

I'm concerned with two things which I will paste directly from the report.

Figuring it out in escrow and knowing your outs to back out are extremely important. 

It would be extremely unwise to buy in st louis without personally visiting the property. 

My last value add had some issues but I still did alright because it was in an extreme cost market (~$2k PSF).  

The concern from the secondary capital markets lies in the following: Residential assets are appraised as, and commonly zoned as, their highest and best use.