When I looked through the house the owner was there and telling me how terrible the agent was and how he only answered the phone when he wanted too.

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.