@Christopher Stewart Well there are people on here with units in Scottsdale probably high end so lets see what they say but new carpet seems like you rented it with this carpet that is what you get and it is dry there so not like you are suddenly getting musty carpet. 

The only thing I found that even resembled mold was a white chalky substance on the bottom of the subflooring where there had been a water leak at some point in the past, but was completely dry now.

This is NOT a DIY project...You'll may need to remove the sheetrock and flooring, use an anti-microbial to kill the existing mold, use dehumidification to dry out the area, scrub/shave the studs to remove spores (if the mold has penetrated the studs), etc.The costs could be anywhere from $2000-10,000 in my experience, and each contractor will probably give you a different idea of what needs to be done.

Back to the marijuana idea somewhat, tobacco drying?

And doesn't need to be so dry. 

Is it of the general consensus that online real estate syndication is too high fee, an alternative asset that was highly correlated to the exuberance witnessed from lots of dry-powder in 20/21/22, not something active real estate investors do, and thus likely going to tank with the downturn in the economy?

If I don't perform my end of paying you, you slam a lien against the property - cut and dry.

Investing OOS state is pretty much a cut and dry checklist that can be completed.

The market is basically dried up and any inventory has 20+ offers in a day.

@ Johnny KangIf you are investing in local retail type businesses, unfortunately, there are no useful metric, as it encompasses a number of factors.There's nothing like GRM, Capex etc. like in real estate, I wrestled with this through the years, even though I have an MBA in finance.I looked at dry cleaners and laundromats, and asking prices range from 2 to 3 times annual income, combined with whatever machinery or equipment comes with it.