There are some horrible areas and some decent areas.

While I don't know the company or the owner but I do know my opinion, I think this company and it's plan to purchase discounted jumbo loans with equity to turn them into bridge loans and force a borrower to refinance in the short term is a horrible operational idea as it is almost impossible to gain any economy of scale.

They will quickly tell you upon review why or why not the property is a deal or horrible etc.

I dont believe it's national yet but in some areas source of income is protected now for some terrible horrible reason.

Horrible group - address change and i wound up in wrong place.

I've read a lot of warnings about section 8 tenants destroying units and being horrible tenants.

Either I'm not understanding the math on this, or it's a horrible deal (maybe both).

In my opinion, historic properties in almost every single deal are HORRIBLE, HORRIBLE investments, with the 2 key words in that sentence being "horrible" and "investments".

Here are a few pictures of one of the units... they are not horribly ugly as is...http://www.biggerpockets.com/files/user/kahdallas/file/mf---bedroom-beforehttp://www.biggerpockets.com/files/user/kahdallas/file/mf---kitchen-beforeSorry if it's it's against the rules to share pictures.

I havn't physically been out to look at the property yet but got word it's been sitting up awhile & the landscaping is horrible..but I'm sure it's much more.