There's nothing wrong with fixing something that is broken, but you shouldn't be making improvements to things that are clean, safe, and functional and that were fully observed by the tenant during the showing process.

But it's really not, it's just an observation of the truth.

I am currently just researching and want to attend and observer an auction soon.

As you've already observed, when you buy a $500k property and finance at 50% LTV to rent for $2,800/month, your Cash on cash is abysmal.

From my observations its usually the individuals offering mentorship or coaching who teach this because its the easiest way to show success and justify their fees despite the students winding up with lousy assets. 

Most would charge about 800 to $1k to do the observation.

We can see what the market thinks by observing transaction volume in real estate private equity.

What market trends are you observing in your area?

Your observations about how VAs can be treated by others are totally accurate and very unfortunate. 

Ok, here's 2 observations of his system with clients:will county Sheriff sale.