Once we increase the rent by $50 at renewal and continue increasing the rent 2-3% per year we'll be in much better shape. 

Very much the NOW trend.

I have been trending towards the A and B type properties in the short term with my work schedule and to get the ball rolling. 

So we extract the data so we can better organize it.For example, we extract reviews from individual review emails, so we can better track them, monitor review trends, and be in a better position to act on negative reviews or when we receive constructive feedback.We extra reservation and payout data, so we can organize it in a database and then create better reports on our revenues, nights booked, ADRs, and so on and on.

It's sad that it's happening but it a good way for an investor to get in on the trend up in the market area.

If his property is In Good shape and needs no renovations, why didn't he list it?

On the 4plex I would recommend having it inspected to see if the systems are in good shape, and getting some contractor quotes on what repairs are necessary to make it safe and functional.

If you haven't been satisfied with information you have gotten in the past 3 months, I would encourage you to check out my posts on NC Market Data & Trends.

When you are analyzing turnkey properties, its important to not account for cap ex, repairs and vacancy because the properties are in good shape when they sell and usually the tenants will be on the property for 2-3 years on an average. 

Liquidation of the assets will happen at or after year 10of holding to ensure that the properties do not fall behind market trends.