Before guests could see it like a real estate agent fee etc, from now on as a LL you will be the bad guy for cost increases. 

That’s too bad.

This seems to be pretty standard for the area.The bad:  The home inspection found evidence of knob & tube wiring, and there is basically 1 outlet per room with tenants running power strips and extension cords all over the place. 

If you are a first-timer and are trying to build trust with these guys, go back one more time if possible and see how they respond to your questions the second time around.

But every strategy has risk: tenants can stop paying, properties can get damaged, flips can blow up from hidden issues or bad contractors, and syndications can underperform.The best thing you can do right now is learn how operators actually make money, ask them about their worst deals, and get comfortable running your own stress tests so you’re not relying only on the pitch deck.

Just curious, what are you guys looking at for insurance on sub 300k homes in OKC? 

This reads like really bad gossip..

Also, consider: is it possible a mentor might actually be a bad thing for you at this stage?

Have a no tolerance and fine policy saying 1 or 2 is fine was a bad start.

Books have the same problem, but it's not as bad.