Furnace, A/C, water heater etc.

If it’s C or above, getting the new management company, doing any updates needed to be comparable to comps, and adjusting the price properly should correct this.

We grade our entire portfolio each year A,B,C and F.

D-1-GN-16-002939 Travis D-1-GV-12-001425 AUSTIN CC-17-06044-E DALLAS 2013CI10367 Bexar County, Court 045 17-2905-211 Denton County 15-0137-C277 Williamson C-1-CV-19-002060 Travis C-1-CV-16-010712 Travis C-1-CV-17-010820 Travis C-1-CV-18-003876 Travis D-1-GN-19-001295 Travis D-1-GN-19-001694 Travis D-1-GN-19-001705 Travis 429-05770-2018 429th Dist TX - Collin 18-0653-C26 26th Judicial Ct - Williamson 2014-013559-CA-01 FL Circuit & County Miami Dade PM me and I'll send you the initial complaints, but they are available to ANYBODY, as they are public record. 

After 2 to 3 years, depending on where interest rates may be then, my partner and I can then look at refi opportunities and at that point, hopefully the property has appreciated somewhat, such that we can then pull out (a. the private loan, b. the downpayment we both put in and c. plus a little bit of capital gains)....

They kept getting rejected b/c sellers were hearing every night on the news about the blistering hot real estate market that had turned around and they suddenly wanted top dollar for their property, above what comps would justify, even above asking price.

They buy Class C & D properties expecting Class A results - and it's everyone else's fault when it doesn't work out.

I'm not sure if you're bidding on single units or multiunits, but Dallas cap rates are 4.5% for A class up to 5% for C class.

Obviously it would be more complicated than others but my Class C/D portfolio has seen much.

(b) Team and to that team leader (c) the actual agent.