I still can’t figure out the numbers but it appears even if it was worth $310 they would still lose money.

It appears that they rehabbed the place a bit to sell.

You can do a Section 50 (a) (6) which is equivalant to a cash out refinance. 

I even use to hear Brandon Turner push Driving For Dollars on newbies quite a bit.The competition also appears to be exactly the same.

The Registered Agent will record the documents on your behalf so only their name and information appears on the documents.

In your analysis you are using 5% vacancy which is the equivalent of your tenant staying 20 months. 5/100=1/20.

While frustrating for the typical investor, the Blackstone's of the world still have to provide an alpha (outperform the market or other available investment vehicles) to their investors or they will park their capital in another sector or asset.Removing capital from a business is almost the equivalent of removing gasoline from a car, without gas the business can't run.

Appearance from the curb would have addressed the issue.

I think it's because most of them don't want to appear to be too greedy or unrealistic.

The other part is that in doing any single unit work, it appears likely that walls will be impacted in the below floors, if at least for plumbing access - which is an issue while tenants are in.