Have multiple exit strategies, do not be over leveraged, and make sure you are factoring market changes.

I just can't accept such a constant ever increasing loss, even if I can afford it. 

If was originated as owner occupied in the past and no longer is owner, if you have change of name on deed or insurance, if impound had a dispute, claims - are a couple reasons why the servicing changes.

If you ever see someone offering terms that are too good to be true, you might as well just post your SS# and banking information on IG.

Wishing you all the best on your journey, and I’m here if you ever want to connect!

Maybe the partner is less able to do some of the leg work or their priorities change or maybe they move out of state!

The property when it was built in 1980 was an A property but as time, and ownership changed it has gradually gone down the scale. 

You're off to a bad start if you must create a poor perception of other options to make your concept look good.  

@Dominic Holt , I am happy to review your scenario and suggest changes that could improve your property.

We're looking for more turnkey properties, or only need a few upgrades/changes.