A vetted turnkey provider offers a hands-off approach, with properties likely to break even or generate modest cash flow, spreading risk across multiple doors.

Should I go through with taking ownership of the property and try to salvage it for profit or do I refrain from even involving myself in the situation as it may cost more than it's worth to save it?

In construction, there is only so much you can do to reduce your margins while staying profitable.

After analyzing the potential ROI, we negotiated a fair price of $58,500, ensuring room for renovation costs and profit.

With DSTs you need to make sure that the various fees don’t negate your profits.

I have no w2 job, a lot of toys (need to get a plane), can do what I want, can assist my son to find his way in life (he is leading his 2nd rehab) and if I wanted I have generational wealth (I have given away a lot money the last few years).  

When the time came to sell, I anticipated a solid profit from the deal.

The most beautiful buildings are the ones that generate the most economic value over time. 

Why'd you sell if it's so profitable?

Firstly, it often generates higher rental income compared to long-term leases, particularly in desirable locations or during peak seasons.