The property is worth exactly what it is with zero STR rental income.

If you're buying a true investment property (meaning you wont live in it), FHA is completely off the table and Conventional/DCSR will require 15%+ down.

By purchasing a multi-unit property, living in one unit, and renting out the others, you can cover your mortgage payments and start building equity while gaining rental income.

I would reinvest in a another property and use a 1031 exchange to detour taxes.   

Given that I’m currently unemployed, I’m leaning towards a fix-and-flip to generate some liquidity.Here’s my current situation:My first investment property (the duplex) was purchased using a HELOC from my mother’s primary residence (via Union Savings Bank), and the deed is currently in her name.I also secured a second HELOC against the investment property to cover contractor expenses.I'm considering transferring the property into a DSCR loan under an LLC, but I believe this would close out the second HELOC—can anyone confirm if that’s correct?

Quote from @Caitlin MacMurtrie: I am looking to buy a duplex property in the Norwayne area of Westland, Detroit MI for 185k.

@Venka Pulla It’s frustrating when a property manager isn’t meeting expectations, but transitioning to a new property manager is typically straightforward if you follow a few steps:Review the Management Agreement: Carefully read your current Property Management Agreement (PMA) to understand the termination process, including any required notice period.

We have bid on several properties at typical foreclosure sheriff sales, so we are familiar with the process of doing title searches before bidding.

I think it is very important to get the actual rental history of the prospective tenant before renting out the property. 

I’m a real estate investor looking to purchase his first multi family rental property in the city of Columbus, Ohio!