I think that it's fine for a turnkey operator to offer a Class D property to an investor as long is there is full disclosure and that the investor understands what they are purchasing.It's an issue of definition, but to me, a turnkey property is a property that is move in ready.

Or did you opt for manager managed, which requires disclosure only of the manager?

I got somewhat poor advice to ask for every little thing to be fixed, in hindsight I would have claimed misrepresentation of of sellers disclosure after inspection and exited the contract asking for mutual release of earnest money.

Get the disclosure packets from the listing agents.

What you will need is to be very very clear on your intentions with full disclosure.  

Is your contract and disclosures in order - do you carry blank forms and checks?

Throw in this folder: Closing Disclosures, mortgage statements, settlement statements from the purchase/sale, homeowner's insurance declaration pages, property taxes, leases, and receipts/invoices from one-time BRRRR rehab expenses.

Do I still need to make this disclosure?

Collecting a real estate commission on purchase is basically the same as collecting an acquisition fee, but it is important to draft the proper disclosures in the offering documents based upon the structure of the transaction.

Those are projects that most buy and hold REITs want.Re; the lease, it likely has a non disclosure clause, so I doubt anyone is going to share it with you.Offer them $1.5m and offer to buy all similar items in their portfolio.