I believe that it is the "hot thing" right now, and it's recent use case in "rescuing" deals is both misleading and dangerous.

Also, you will want to make sure that the telephone conversation you recorded is within a state that allows for one-party consent (meaning you) as that is not the case in all states including mine.  

I'd also suggest running some for-rent ads, to see what type of response you get.It's notoriously difficult to accurately predict ARV on these types of properties, because they're so niche, and the market for them is usually completely different than the market for more standard properties...For instance, a lot of lenders won't provide a mortgage on a property for less than $100k--and if that's the case in your area, that would mean that the only potential buyers for the property are cash buyers, which makes selling the property more difficult.  

Case in point the example from @Alecia Loveless above. 

Other than taxes and insurance, I'll assume the best case in that there are no other expenses.

At least that's the case in my market.

Case in point, in Chattanooga I was buying multi family at 30k per door seven years ago. 

Case in point, Fannie Mae now expects mortgage rates to be at 6.5% in Q1 2024….(.01% higher than preciously).

This was the case in this Sponsorship's underwriting too.4) Economic Occupancy: Economic occupancy almost always is less than physical occupancy.

They'll look at the case in a different light than if you're offering to pay them hourly to chase the manger around court for a few years.