When opportunity flips: Why a firm promising profits from vacants faces so many lawsuits

In late 2020, from more than 5,000 miles away, a Chilean investor named Jaime Sepulveda purchased a single-family home in Southwest Baltimore. It was a simple pitch: An American company, ABC Capital, would handle the entire process, acquiring the property, rehabbing it, renting it out and maintaining it. All he had to do was sit back and collect income.