That's the entire reason he was upset.Lori here on the other hand is trying to makebit seem like her situation was similar when it totally wasn't.

If the numbers and neighborhood work for me, the age and condition of the property are totally irrelevant. 

In my basements tenants have access to they totally disregard the access required and block the pathways needed for access.

Total Value $660K. 

Investment: $124.2K; ROI: 73%/year; 10-year equity: $1.46M; Total cash return: $1.45M. 10-year equity multiple: 10x on $124K investment.

while I totally understand the frustration especially purchasing what was supposed to be a new and ready to go asset, but these things are pretty common so don't feel to discouraged. 

But in a place like this part of CA were its reversed the land is worth 80% of the total value not 20% like most other areas of the country yet the bank requires insurance for the total amount of the loan even though the build cost to replace is far less..

Total Investment: $297K; ROI: 25%/year; 10-year equity: $1.5M.

I don't know anything about Goodegg, but while you're vetting sponsors, check out Gray Capital, I'm totally unbiased but I hear they are pretty good ;)

Investment: $200K; ROI: 26.29%/year; 10-year equity: $1.1M; Total cash return: $1.2M. 10-year equity multiple: 8x on $200K investment.