I went through the process, and everything seemed to be in good shape: the inspection came back clear, the appraisal was spot-on, and I was excited to get my first tenant in May.That’s when the problems started.

I can look into the assets the notes are attached to, to see if they're in decent shape or even exist if you like...... hope you're able to navigate through this dilemma!

Barely, but I guarantee they will be in better shape 3 years from now than a 100k property in a high crime area.

If the property is in good shape, cash vs. mortgage is negligible.

Is anything that aligns with real estate in any way, shape, or form?

Is the siding in good shape?

When you go blasting people for ponzi etc without proof I would never do that, but if you lost money in a deal a way to shape it was?

Most recently, I received a $125,000 State grant, $50k ConEd grant (commercial), and a 20-year property tax abatement. 

Then of course, you are also hoping for appreciation.While it is attractive to not have to worry about cap-ex for a few years, many maintenance issues are usualy tenant-caused, so there may still be ongoing issues & expenses needing attention.Another option may be to buy an existing cheaper property, that's still in overall good shape.

i re-use appliances that are in good shape.