That being said, I've shown many flips to clients and it's obvious the flipper tried to cut corners, use inferior subs, or lacks construction knowledge.

For the sake of the thread I will leave it at this: A bait and switch is when you promise that an investor will get a certain return (using false or incomplete numbers) with the intent of tricking them into investing in an inferior product and then, when the actual returns fall short, back-peddling to redirect the conversation and avoid culpability.

Now, we have a great relationship, but now I feel like I made an inferior deal because of ignorance.

If he tried to influence the seller to accept an inferior offer for his own personal gain, that would be a big No No.And I'm not going to get into the issues of dual agency, which is illegal in a lot of states, or intermediary agency.

If you know what you are doing the fund would seem inferior to assets.3) Did you invest in MHC directly?

I make pretty good money at my day job, but I don't have any inferiority complex or any such hang up.

Even simple stuff that doesn’t require a professional is usually not done correctly by tenants most of them cant tie their own shoes they will not do it or do it poorly or cheap out with inferior replacements

He wasn’t saying that they are inferior.

Heard off the cuff comment that CAP rates around 9 or 10 is more attractive to them. ( My thoughts are that apartments buildings in safer locations, in better cities, had been seen as offered at between 4 to 7 CAP rates, While only in undesirable area of cities and towns, we can see CAP rates higher, as risks are higher and quality of tenants inferior.)

That's exactly why the Bord is there in the first place.Of course, it could be that the flippers offer was inferior in price but superior in terms - but the Board will sort that out.