My team has been dominant in this area for years, but with the strong appreciation the last two years the numbers just don't work anymore (normally).

Last  month I had a leaky roof that was leaking in two different areas on my wood floors the day my guest arrived..on a Sunday.

Central Indiana is a great market to start in, we've seen a ton of growth over the last ten years. 

This is very simple and last thing you should be frustrated with. 

If it's a property that we intend to hold and the market data shows that the average property sold above the list price within the last 6 months, we may go above the list, but we will not go above the target we've set for our business. 

Seems like they are running a Pawn Shop, homeowners in Austin/Miami/Tampa etc who need cash bad sell a "HomeShare", percentage of their equity in their home for a discount, with a term of 10 yrs, if the homes go up in value as they have since 2011/2012 then NADA gets the original equity already at a premium price plus any appreciation for the total percentage they bought from the homeowner, but since Austin now down 20% in last 12 months and other hot home markets may also continue to fall, and NADA does not engage in price discovery (ie shopping for best value) as they want to obtain a "Market Value - ETF like" of the cities they invest in.

I had the opportunity to invest in the last plot of land available and we'll be almost right by the beach and 5th Avenue.

It's slowing down though, most of their money the last 30 days has gone to gold, silver, and bitcoin.

Loss of rents is very common some may self insure. 

However, the last property manager has since left for an external opportunity.