We had a terrible storm during the sanding process, and a couple of the old windows leaked all over the floor.

This is not a lot of info to evaluate the deal.... 6% can be terrible in some areas and amazing in others, but without context it's meaningless. 

Luckily my father in law is a plumber so it's not terrible news.

Two months went by, and one realtor finally told me he's not wasting his time on it any more and I would have better luck if the tenant moved out because of the terrible housekeeping.

My first 5 unit building that I purchased 10 years ago has a terrible layout, parking, wiring, foundation... yet my cash on cash return is over 100% almost every single year!   

- Seems like a good idea for management experience, but will it require that I start as an assistant making a pretty terrible wage?

And that implies they're developing a mixed-use building or buildings, while the following paragraph says they seek RE deals to purchase in less than 30 days), and their copy is *terrible* - the site is fraught with incorrect grammar and poor sentence structure.It looks like they've loosely modeled after a fund, and if I understand the pitch correctly, it's not a terrible idea (a fund for STRs instead of apartment buildings etc).  

Nothing illegal, but terrible plan.

At current market prices, they would be an unbelievably terrible investment.

So if you have terrible credit, you could be messing it up for the other person to get a better rate.