I agree, not every property like that looks terrible.

Anyone who has had a HML knows that is expensive time.With that said, my current score at 649 dropping over 100 points, put me at a rate of 5.75% (not terrible) but my lender is saying there is a $930 fee to pay down the rate to 5.75%.

You’re seeing a ton of red flags, so take action ASAP or live with the terrible outcomes this is sure to provide.

Didn't make sense but then i found a project so terribly scary that the numbers looked good id make it work even if I goofed so never turned back.  

Now, I was financially tight and couldn't do much fun stuff, but I was still doing fine enough to actually decline the first job offer I received (because it sounded like a terrible office to be in).

If you look into the history of why this is private.... you'd see why this would be terrible for the residents.

. $100 is terrible, $200 is bad.

I'm also an absentee landlord who's had terrible luck with PMs, I fired my last one for being shady. 

Not a great investment in fact it is terrible.

I have come to realize that most of my experience with contractors is pretty terrible.