I have a free video and slides on where to find them and a 20 case study if you want to connect with me. 

I don't pay much attention to IRR alone, as GP can make up any number there he wants by sliding to more aggressive cap rate compression projections at exit, one can move IRR from 10-20% easily.

If I had been prepared I could have walked away with a steal.So I sit there today for over an hour while property after property slides by with no interest.

A successful venture involved flipping a 30-unit apartment complex; acquired for $450k, we revitalized it with a $150k construction overhaul, achieved full occupancy, added a laundromat, and subsequently sold it for $950k after two years.

Other repairs since the new tenants moved in include, a sliding door lock replacement, drywall repair from a roof leak, 4 cracked windows, a broken front door handle, light fixture replacement, blinds that are longer than the window, window screens and now a ceiling fan making grinding noises. we're about $5000 into repairs/replacements right now since the tenants moved in.

In such scenarios, recourse may involve engaging an attorney to initiate a quiet title action subsequent to the foreclosure process.

Notify the seller of any large issues you find so that it must be disclosed to subsequent buyers which could reduce subsequent sell price and would provide some incentive for the seller to meet you somewhere in the middle. 

on the PM side and what they charge I would have a sliding scale. just like some of my clients that own big class B  MF  they pay 4% and an onsite manager is the employee.

I've even had to reinforce the drawer slides. 

It also likely won't make sense if the veteran doesn't have VA disability, as the VA funding fee will be 2.3% of loan amount (if first use of VA lending) or 3.6% (if subsequent use of VA lending).