We have notified the current PMC of termination, and the company has agreed to work with us to come to an amicable resolution on open issues.

Here's why:This is a picture of a Schedule E.

I went back to Memphis last year for the first time in six years to find all is as advertised with very minor exceptions.We have picture inspections done every four months, cost $75, because I'm a trust but verify guy.Good people, good service.   

Purchased a little too high at the buy (I knew it at the time too), does a little better than breaking even on cashflow, and took too long to rehab.

I realize I don't have the actual NOI, but that price sounds super high for the gross income you're stating in your narrative.

Your pictures aren't doing you any favors.

Quote from @Preston Dean: Quote from @Michael Ewers: Quote from @Preston Dean: Hi @Michael EwersI have had a few past clients from Cali call me saying "I sent post cards to home sellers and I have someone who wants to sell, can you help me with pictures and videos" I think their method was just mass mail and they got a few hits.

It was a high value house so it was OK but I sure don't want to run into that again!    

I feel like I’m missing the bigger picture of what makes a property a great investment opportunity.If anyone could share some pointers or insights on how to identify a “good deal,” I’d really appreciate it!

No sure about that as buyers want to see the finished product and showing them before pictures will often not be well received.That's funny, my wife said the exact same thing about showing them the before pictures.