There were over 60 units vacant for some time and were only able to unload half at a public auction, leaving another 30 units vacant.I bought one unit for my sister as an owner occupied unit with her bidding at the auction.

Pick your plan, look into the Kansas City area, use market comparisons, check your money power, look into loan options, put together a team, check cash flow, ROI, and Cap Rate, and make your bid after careful checks and talks.

The 45 day lipstick rehabs don't exist from what I can see... ambitious homeowners are looking for sweat equity so they bid it up.

The architect will have a structural engineer they usually use, you can go ahead and use that person or someone else.After that is done, have your architect draft a bid form/template. 

If you have a property under contract at a great price, and a competitive bid scenario between multiple investors may be the right course of action, consult with a reputable real estate auction company.The auction company should be able to tell you pretty quick whether your deal is as good as you think it is.

Your Realtor and Inspector care, but not that much, it ain't gonna be their house..As far as your current situation, all you can do is get multiple bids to fix the problems and then decide whether it is worth it to move forward.....if you sell, you have to reveal what you now know, so you will take a big hit.Factor in the future appreciation that you expect and maybe there is some money to be had in the future....maybe fix these up nicer than you intended and raise the rents as well.....Bad news all around, sorry for your problems.

Act by getting ready, making bids, taking lessons from errors, and staying steady.

@Rex Lindsey FIG's contracts are "fixed bid" contracts which means you pay only the contract price and they build the property for you for that amount.  

I told her my bid still stands till December 22, 2023. 

Every time I go to bid on property on civic source people are bidding it up to or over market value.