If the units are in a densely populated area with blatantly under-market rents, we can burn off the 10% loss to lease quickly, taking our rents from $900 to $1,000 on classic units in half the units in year one (5%), and almost all the remaining half in year two (~<1%).

It’s tough, you are buying “as is” however it’s blatantly obvious the seller is purposely hiding structural issues. 

I'm not going to answer my phone 20 times a day and answer the same questions that are blatantly obvious in my ad.

If it's blatantly filthy...

I have written about this question elsewhere, but I cannot link to it here since that would be blatant self promotion.

Explain that you have placed a genuine offer to the true owner's agent for much more than the current buyer who appears to be wholesaling the property through the MLS without permission from original seller, and you feel that transaction appears to be a blatant violation of the code and the rules of the MLS. 

He's blatantly renting to kids under 6 in a unit that's failed a lead inspection. 

I am mailing the owners primary addresses that are on title, SFD, and MFD with blatant deferred maintenance, vacant buildings, undeveloped land and owners with reasonable equity in the property.Here is my cost breakdown,Postcards: The lowest price I found thus far for custom postcards is VP, 5000 cards for $180 + 20% off coupon code, "THANKS20".Stamps: Canada Post's 'best price' is .41 cents per piece for small business personalized mail.Total: $2,194+Yellow Letters: I'm waiting to hear back from inquiries sent to printing companies.

Its just not worth the fight unless there was some blatant fraud.IF the OP was both the GC AND contributed $$$ for their equity position, I think he has a leg to stand on here as long as the proposed price was agreed to up-front.

So what I do is I tell the tenants that if they catch another tenant doing something that is blatantly against the lease; Throwing trash on the ground, Not disposing of cigarettes in appropriate areas, Destruction of property, etc;I tell them to get a photo and or video of it and send it to me.