He said this was years of water damage and neglect.

I encourage input and direct but constructive criticism of the deals I've been purchasing in this hot, maybe top or near-top of the market-cycle. 

I am putting together a comprehensive package for developers that shows the potential for both commercial retail (since most major grocery stores, restaurants, mall, Hospital, attractions are 12 to 21 miles away (the airport is 6 or 7 miles away) and subdivision as the land has plenty of frontage and is on county water.   

@Keli Landowski Congrats on selecting the KCMO area, it’s definitely a hot market and things that do make it to the MLS don’t last.

The property would just kind of tread water and be nice to sell when the market is right. 

The next issue the seller chose to ignore was that the hot water heater has been leaking for quite some time.

All of this leads to these hot areas costing more to get into and being less desirable to flip in.

With continued increase in interest rates, Cap rats compression will slow down in the hot premium markets. and are likely to rise in most other markets. 

I plan on posting this in the future in the marketplace if needed, but I feel like the waters are so murky here that I was hoping someone could help me get a foothold first.

We both admit that things should have been discussed earlier but since this was completely new waters for the both of us neither of us really knew how much involvement was going to be required.