It seems there are several investors unhappy with ABC Capital Investments led by Jay Walsh.

I'd even argue there is no such thing as a good/bad city of at least 90 % of cities.

If the IRS, for example, looked at a closing where you put $150K down ($100K from a 1031 exchange account and $50K from outside personal funds) on a mixed-use duplex where the value is split 50/50, then they could very easily argue that $25K of your exchange funds went to acquire non-like-kind personal property.

On the other hand, a "served by publication" heir could argue the guardian ad litem did not do their job well, the heir should not be foreclosed from claiming the tax sale was void, and they ALWAYS have 3 years after the tax deed date to assert their rights and cannot lose them simply because of a GAL who did not assert the correct defenses on behalf of the unknown or unfound heirs.

I can't argue with any of them. 

who knows. that's why i keep telling this guy to find someone who knows what they're doing vs listening to guys like you and i arguing online. 

Cannot argue with the math. 

I would argue that the TRIPLEX is less risky solely because of the vacancy factor.  

Cost me a few grand because at that point in the deal it was just easier than arguing every single point, the buyer freaked out when she got the report and I can't say I blame her to be honest......Ok, Rant Over....

I would argue that he actually lost value immediately upon purchasing it because I saw what was coming with the clear irrational exuberance in the Smokies emerging out of COVID.