When an a party enters into a contract by deception, as when an investor entices a seller to sign a cash sale agreement, and the investor has no intent or ability to perform on said cash contract (and does not disclose to seller that investor ONLY intends to assign the contract), that's a classic case of fraud.

They were the first owners of a classic split level home, and full of 50 years of memories. 

He did this through not just his celebrity status, good looks and silver tongue, but also with a well designed and polished high pressure sales program that relied on fear of missing out and classic bait and switch tactics to rush customers into bad decisions without conducting inspections, getting appraisals or any of the usual due diligence.

We have over a dozen wholesalers feeding us at any one point in time bottom line is if they send me something that doesn't fit my criteria they are removed, as that is the classic sign of "throwing **** against the wall" as the saying goes.  

As far as "minimal investment returns", that is relative to the exit strategy on a NPL so what does not work from the "intensive analysis by highly trained MBAs", may work for the individual small balance investor who knows how to repurpose an asset for profit.

I've got classic linoleum treads and risers with metal tread nosing and marble top treads with tiled hallways in another building, but that seems like a big project.

You can spend money getting a judgment that you will never collect....classic example of throwing good money after bad....just move on and get the unit ready, don’t look back.

Lots of old, classic housing stock that you can add value to in the Hilltop and Lincoln International District neighborhoods. 

I once pulled up a person that was a on a site for classic cars that posted a request for parts along with his phone number.

I don't understand why that would be a classic case of fraud.