They are more commonly full guts with major mechanical reworks.  

if you believe this is a common outcome I have a bridge to sell you.  

A few questions I’d love feedback on:Are there common traits among sponsors who lost investor money?

I need a GC , property manager recs too, so kindly if you guys love some who you work with and don't mind to share, send them my way. 

It is common since carriers want to be clear who it is that they are actually insuring - it is actually pretty hard to insure a property where the ownership is unclear. 

What’s the quickest close you’ve ever pulled off, and what kind of financing made it possible?

If you want to be in that kind of area then I would recommend the buy and hold route, those (typically) have better numbers rather than flips, but it depends on what is "good" to you.

Even if the window/doors are not a common element, I would reach out to the HOA and request a copy of the contract between the HOA and the landscaping company.

They're not buying turnkey; they're hunting for distressed properties.It's that "BRRRR" method (Buy, Rehab, Rent, Refinance, Repeat) that seems to be the most common path to creating value right now.

Has anyone done  a TIC conversion? The opportunity we have is $4Million for a 20 unit apartment building which will be resold as TIC units for approx $$395,000 each.