They are properties circulated to long lists of unsophisticated buyers and if you are the highest offer you’ve likely outbid a bunch of prospective buyers who underestimated their improvement costs or overestimated their ARV while most likely  proceeding without the ability to perform normal transaction diligence.

Provide a bunch of free trades programs, mentorships, networks. 

This is fairly standard in the Westchester area given most homes are 100+ years old and the building code / inspectors didn't really come to power until the 70s or 80s.Likely your real estate agent will note the issues. 

An LTR tenant will likely be easier on the property than a bunch of guests every few days. 

In a former life this was fairly common but I would have it paid to escrow and then credited off my origination fee, if that makes sense.

@Joe S.This is a “know your audience” responseIf you are around a bunch of college professors and they are technical then yes you can pull out all the big words - but as you mention many will try and use these big words in a convo and they scream newbie because it’s apparent they lack some knowledge as they are creating word salad with what they say.I just tell people be yourself

Here is what one of my 4 AIs say:The commission structure detailed in the image for a real estate transaction involving a property valued between $30M and $40M is as follows:Under $34,000,000: 1% (0.50% per side)$34,000,000 - $34,999,999: $400,000 ($200,000 per side)$35,000,000 and above: $500,000 ($250,000 per side)To evaluate whether these commissions are fair for a 112-unit apartment complex valued between $30M and $40M, let's compare them to typical real estate commission rates for large commercial properties:Typical Commission Rates:For commercial real estate transactions, commissions generally range from 1% to 3% for properties valued above $10M.

Every few decades, I will be foreclosing on a bunch of properties, and potentially taking a big loss in a few cases.

if something is just sitting on the MLS looking too good to be true... then it's too good to be true.these properties are going to have higher costs overall, be in more challenging neighborhoods, have very gnarly deferred maintenance and capex, potentially have liens, be high turnover, and require expert, highly knowledgeable, localized support to be successful. see for example this thread.https://www.biggerpockets.com/forums/48/topics/1137397-balti...and even at those price points, i think cash flow is fairly low to non-existent if rehabbed to a high grade, especially with DSCR debt. 

Thank you a bunch for your help ☺️