The timing and the property where perfect to get my feet wet.

There are numerous threads about sub to and many investors believe it is a high risk strategy (especially for seller) and believe buyers who use it “take advantage” of naive sellers.  

And all properties need to be managed and supervised numerous times per year; giving residents the idea that no one is watching and/or no one cares will be a sure recipe for disaster. 

There have been numerous people on BP talking about how they paid application fees but they could never get their loans closed on any deal brought to the company.

Class A apartments have numerous amenities, professional management, and sit in desirable neighborhoods.

The investor “gave up” after numerous attempts to sell the lot or get a “refund” from the county proved unsuccessful.  

My question is that due to numerous unfortunate circumstances, two properties that my partner and I purchased (through a program) were underscoped, and we cannot move forward financially.

Laminate flooring in main areas with carpet in the bedrooms. 4 bedroom, 2 full baths, and the basement will have a full bath roughed in as well as a wet bar rough in. 1 egress window in the basement for a future bedroom.

For a beginning investor, I'd recommend more turnkey properties to get your feet wet while you build trust in your boots on the ground.

That might be one suggestion to get your feet wet - invest with a family member who has more experience.