Also, in a mainstream asset class like value-added multifamily, I see no reason to take a risk on a sponsor that doesn't have full real estate cycle experience or that lost anything more than a small amount of money (and prefer no money lost).

If you have any other resources (preferably free) to analyze properties, it'd be greatly appreciated.

Our biggest challenge is that we are not over 55+ and we would prefer to invest our money in the villages itself.

If you have plenty of money then it probably wouldn’t matter how much the property costs, but for a $1MM+ property I’d personally want at least a 6-7% annual return through cash flow (15% or better preferred) and a pretty good idea that it’s going to appreciate solidly.

Happy to make an intro to my preferred realtor in that market! 

They are month-to-month and pay below market rate.I would prefer to sell it in its current condition and estimate that a diy remodel would top out at $15k.

I have not partnered with any of them bc I view partnerships as a last resort - just a personal preference.

I'd prefer a more suburban area but I could honestly live anywhere, as long as its not too bad.

Investors typically won't care that you're representing the seller and others will prefer that you're direct to seller.Listing it on the MLS will get the most inquiries for the property.

I always prefer to have a local attorney experienced in PML in that state.