Since you can’t do a formal inspection, a detailed contractor walk-through and phased renovation estimate are key.Have you considered checking city records for past permits to uncover any unaddressed issues?

The biggest issue is that forgetting to assign a location or choosing the wrong one can mess up your balance sheet, leading to inaccuracies.

So far I’ve had no issues. 

We can turn them around in just a days notice, we’ve actually had wholesalers come to us day of close because an issue popped up with contract verbiage or $ disclosure etc.  

That being said the main issue with leverage is being over leveraged.

This plays into the affordability issues for tenants by allowing them to live in nicer neighborhoods for less money, yet I get monthly revenue comparable to short-term rentals.

Not sure it will come through but I wanted to check in this forum how others have handled issues with incompetent property management companies.Thanks, What did the property management company do that makes you feel like they should pay you $4,000?

If you discovered the issue before paying for the appraisal that could hopefully save some costs (in case the appraiser is with the wrong AMC).Pre-vetting with the lender on rental history/AIRbnb/1007 as well as seasoning could help. 

There are two issues (opportunities?) 

@Greg Kasmer i have not, im a new investor in the commercial and assumed due to my lack of experience it would be an issue