The sublease issue and the property condition issues illustrate why long distance land lording can be problematic.

I am sorry to see you illustrate that you lack those skills and probably escalated the situation.

$125/mo x 12 months / 8% cap for illustration purposes = increased value of $18,750/unit x 6 units = $112,500 in increase property value!  

@James DeRoestI do most of my renovations in flipflopsThis is the perfect statement to illustrate the points of this thread.Being laid back should not equate to being unsafe.

@Bobby Narinov To me this case illustrates the pitfalls of apartment buildings.

@Jeff Rabinowitz People involved in real estate are party animals, illustrated by spending Friday night on Bigger Pockets.

Please don't see this as a personal criticism, Gail, but just an illustration of what I see as some common misconceptions. #1 Excellent, most tenants, including Section 8 tenants, are normal renters who pay rent on time. #2 Section 8 tenants fall into 3 categories: The Working Poor, The Fixed Income Poor, and The No-Income folks.

Thank you for the graphic illustration of your point.

This whole debate just illustrates the worst thing about BiggerPockets.  

The seller wants to sell at the highest possible price and the buyer wants to buy at the lowest possible price.To illustrate this, let's assume that I'm the wholesaler and you're one of my buyers.