I see agents and wholesalers trying to sell properties that are supposedly wholesale, but they sell at retail after it's marked up so much.

It can be in the real estate industry, property management, construction, lending etc.

Why are you communicating with the tenants if you have a property manager?

Hre are the key things to knowWhat you are bidding on - often oddball properties that are hard to identify and have little value are auctioned offThe true as is value of the property, The tax assessment can be way higher or way lower than the true as is valueThe local laws and how they affet your total costs and returns

I love that one Don  so true.. 

Most rental properties in Milwaukee are old and run down, our product stands out. 

Quote from @Amol Kulkarni: Has anyone used Homeriver Group Property Management in Jax and Citrus Spring.

I am of the opinion that you'd be better served using that money toward the down payment on a property.

You LP lost everything.Other ways, poor property management team isn't managing property well, and syndicator bought in tertiary market with only one or two managers available and no way to self manage.  

I work with investors who are looking for LTR's with turn-key properties.