The property is about $350,000 if it were to sell on the market today.

I'll send you a DM as well but wanted to connect as I'm very involved in the multifamily market for small(2-4 unit) and midsize(small apartment complexes) in the Pensacola area as both a real estate agent and as an investor. 

Hi Aarati,Are you thinking of investing in the U.S. market or your first property in Australia? 

My team focuses a large amount on marketing directly to sellers. 

The forums are a free marketing channel. 

We live and work here in the Smoky Mountains Vacation Short-Term-Rental Market, but I would be glad to answer any questions you may have.

When the tenants moved out, he discovered they had utterly trashed the place and the cost to bring it back to market standard (and thereby get a more desirable tenant) was beyond him. 

Do you invest in the Cleveland market as well? 

just the numbers are not real in todays market yuo will learn by reading the forums.

There are good sponsors that have a bad deal but what I have seen typically is the sponsor lacks significant experience - they have experience in marketing and raising money - which is not hard when you are promoting 15%-40% returns that clearly were not achievable on a consistent basis.