Patience, persistence, and a readiness to absorb lessons from both triumphs and disappointments are necessary for real estate investment.

Not to disappoint you,  but that's the truth. 

Connected is one of my links saved also and right away the easy search done on their background is a bit disappointing.

@Logan Allec  @Fred Whitney@Josh DomingoThis is disappointing to hear about California City going downhill.

It was disappointing and it didn't help me trust your brand. 

As a rental tenants won't always take the best care and I don't want to be disappointed when there are holes in the wall-and there will be.You my friend, might be too much in love-so don't bid like a lover.

Hey mate,Sorry to hear about your troubles but it's not too uncommon.I've been in the turnkey biz for 10+ years now and have often been called the "bad guy" as we only sell to investors looking to purchase with cash.Many believe that because we only accept cash buyers, that we inflate the properties price which definitely isn't accurate.Quite on the contrary when looking back I feel that we under sold them lolWe can justify every one of our property prices with a CMA independent of our in-house sales.Whoever believes that financing a turnkey property makes it safe is wrong.Most turnkey providers or affiliates push the financing model (Even in today's high interest environment) to make more sales.They have "in-house" lenders or community banks that they establish relationships with and promise large volumes in loans.This in return get's rewarded with various favors and many are easily able to manipulate appraisals.Having flipped over a thousand properties, I know how easily an appraisal can be manipulated so for anything reading, "NO", financing a turnkey property doesn't necessarily make you purchase it for fair market value.To answer your question:When S#%@ hit's the fan like it did for you with this deal, I personally would always look to cut my losses and move on smarter and more experienced.Granted, over the years I have witnessed many investors buy 1-2 properties from my company and expect miracles only to get disappointed. 

On this site, it seems like there's a lot of crickets when the subject of residential development and larger scale residential building comes up....which is disappointing as there's a lot of wise people here... maybe the niche is smaller than I thought or we're looking in the wrong place for answers....

Ever since a competitors sales Rep told me on the side that it was the best and their pigment count was through the roof...I have never been disappointed!

Printing my "Save baby/newbie Realtors" shirts now and selling my Gillette stock.So far I have been disappointed in NAR response and defense.