I hope that covers your question(s) Thank you Cari.

Any potential or existing Broadstreet investors should be aware that the SEC recently filed a lawsuit against the fund and its principals and asked the court to issue a temporary restraining order, appoint a receiver, and order an asset freeze.

We have had a pipe burst during the cold winter months, the roof needed to be replaced (thankfully covered by our insurance), and some issues with electrical, which hasn't been majorly updated since it was built in 1973. 

She can cover the difference so you break even and you split the equity, etc. 

Part of the reason coastal values haven't quite scaled to heights of neighboring states is the remoteness and lack of winter sports and high end amenities and entertainment, but that doesn't mean trophy estates, ranches and homes don't exist.

Can try to reposition to Class B, but neighborhood may impede these efforts.Vacancy Est: Historically 10%, but 15-20% should be used to also cover tenant nonpayment, eviction costs & damages.Tenant Pool: majority will have FICO scores of 560-620 (approaching 22% probability of default), many blemishes, but should have no evictions in last 2 years.

I would buy a deal that at least minimally cashflows (they exist) and then plan to refi in the 18-36 month window.

The older the home the more difficult (and therefore expensive) it's likely to be to restore a home to pre-loss condition2.

Perhaps this "no inspection" buyer existed 2-3 years ago at the height of the market.

Basically a pre-nup agreement.