The biggest critique I feel like I’ve heard is that you’re using after tax dollars to repay pre tax dollars.I felt fine doing that- accessing money now rather than 3 decades later, and the interest charge goes to me.In my perspective, it’s another line to access capital.

Cap Rate on this looks to be ~8%, which is fine.

However, due to their negligence and language barrier, the land has been vacant for years and they ended up getting thousands of dollars of fine and bunch of violations because the homeless literally built a house on the land.

Repairs are fine ,but where is the capex.

It seems fine, but I really don't know what to look for.

Negative returns are fine, as long as the income never stops,  but what if it does?

Most turn out to be 75% deals or under after the appraisal comes back, which is fine for a solid BRRRR deal.

That's fine.

I'm in Portland and CTT is fine.  

If you’re doing this because you see a market niche, and you can withstand an occasional loss, then that’s fine.