If not, work on Improving it before purchasing an investment property.  

I also found that being at "market" rents it takes longer to rent therefore missing out on a month or two of income negating the ROI on improvements.

From the sentiment of your post it seems like you're viewing the buyers as strictly investors when they may lean more towards traditional homeowners looking for a quality of life improvement or an improvement on their current financial situation today.Let's say the buyer pays 465k and has a 5% interest rate.

@Dennis Bragg, how did you factor improvements and market appreciation into the buy-back price?

We're improving units, management efficiencies and bringing rents to market value.

Next, plan on inspecting your properties every 90 days; you can communicate this to the tenant as you ensuring the property is in good order and to help you plan for repairs/future improvements. 

However, we have a two-pronged process to credit repair: negative items remove and positive items improve.

As for the project, I assume Current is doing the horizontal development and will sell the improved lots for vertical construction, is that accurate?

We have our own design team, contractors, and real estate agency under one roof, which saves time, cuts costs, and improves communication across projects.

I hope things continue to improve for you.