This is a classic case of buying in an area you probably should not have and only appropriate for locals who will go to the property the moment tenant moves out remove all the mechanicals themselves and then re install upon tenant move inwhy anyone wants to own this type of asset is a mystery to me..

Its also classic and never goes out of style.

Interesting though, they have removed mention of the offering from their site as of yesterday Classic ponzi scheme! 

Classic buy high, sell low. 

This entire post is a classic example of someone asking others for help and giving nothing in return.

Purchase price: $546,000 Cash invested: $49,000 Sale price: $595,000 Classic fix and flip.

Purchase price: $546,000 Cash invested: $49,000 Sale price: $595,000 Classic fix and flip.

Welcome to BP - rates have finally come down a bit so that cash flow is now possible again in some markets for classic turnkey rentals but still have a bit of a ways to go - if you have the ability to BRRRR - that is going to likely really be the better strategy to get a more robust cash flow at the start

They can continue living in their classic units for $X amount per month and you can agree to slowly raise it over time. 

distressed deals come from the classic situations.Burnt out land lord.. house fallen into disrepair no money to fix it..