I would call up a few of the local property managers to see what they think. 

There are good sponsors that have a bad deal but what I have seen typically is the sponsor lacks significant experience - they have experience in marketing and raising money - which is not hard when you are promoting 15%-40% returns that clearly were not achievable on a consistent basis. 

@Tony SpearsYou might want to re-post this and put Columbus GA so people in that market with that keyword can chime in 

What are the best text message marketing apps you recommend?

German,I can see how it might not make sense but my 18+ years in the Banking business has shown me (3) cycles of this very same market.

If you have a local real estate investment association or club (REIA) join and attend. 

I am still working on challenging that as the ruling is locally based by the property management company.  

The "word on the street" is that the owner may be looking to sell off market to an investor, and it is currently not listed on the MLS. 

Hi BiggerPockets Community,My name is Antonio and we specialize in cosmetic fix-and-flip projects in the San Antonio and Austin markets.

They plan to put it on the market within the next few months.