It would cause me to do some deep diving into specific stats to try and reveal the general story.

The coffeehouses get a continuously evolving selection of art to keep their property looking fresh and interesting and the artists get a high traffic location to advertise their wares.

Furthermore, please see the attached report from the City of _______ which reflects the inspection you requested revealed no defects in the property whatsoever.

My Google search revealed the principal of TruePoint started investing in 2020, and if that's true, this sponsor lacked all of the things that I consistently preach to look for--experience, track record, full-cycle experience, market cycle experience, and so on.  

It was a breath of fresh air. 

Replace the blinds, get rid of the carpet, change out the light fixtures, and do a fresh coat of paint.

Purchase price: $177,000 Cash invested: $50,000 - Single-family home in a Residential area near the University of Rochester- Purchased flipped home without inspection, many costly hidden issues revealed after closing - Currently rented for $2,200.

I'm starting fresh, but I'm ready. 

I recently talked to a local insurance agent that has been assisting some of the out of town buyers with insurance policies and the majority of them have purchased these properties sight unseen without any knowledge of the neighborhood they're in, school district, condition of the home itself apart from the pictures with fresh paint and new countertop or even seeing the homes surrounding it that have been condemned by the city. 

While the intrinsic value of the real property initially seems like a safety net, the reality of the capital stack reveals the risk.