The chance of me picking a color that every potential buyer would like is slim at best. 

You can file complaints at DSPS file a complaint https://dsps.wi.gov/Pages/SelfService/FileAComplaint.aspxIf it were me, I'd look up the PM company and then also do another search by the owner's actual name in WI CCAP https://wcca.wicourts.gov/case.html and if there are other similar cases....you also may be able to find potential attorneys that represented defendants and would already be familiar with the plaintiff. 

I will continue to learn about the property classes and how to apply it to potential investment purchases!

Additionally, I'm exploring long-distance investments to identify locations with stronger cashflow potential and a lower entry point.

I've discovered that explaining our requirements to potential tenants even before they view the property has been extremely beneficial.

I'm either finding them in tertiary markets that have semi-decent un-leveraged cashflow but low-appreciation potential, or low cashflow in higher appreciation-potential areas. 2.

This introduction sets the stage, explaining the magnitude of the situation and its potential impacts on the market.

Unfortunately, this means that I have to let this deal go, but it made me come up with a couple of questions about this situation:Does anyone have experience in partnerships where one partner's only real requirement is to sit on the loan and potentially provide interest payments when needed during the duration of the construction? 

That being said say it takes 2-3 years to move out rents could and likely will be higher and you could potentially refi to a lower payment.

@Bryce Henson my understanding after dealing with reverse mortgages is that the reason it’s listed too high is likely there are rules in place for selling them, there’s a determination of list price from the lender,must be listed at that level for a certain time, then they’ll re-analyze and potentially drop it if it doesn’t sell in that time frame.