We already paid them a pretty sizeable entry fee ($30k) to cover some of their equity and debt in another project..Your title report should have alerted you to the issue.The payoff the escrow company got from the lender should have alerted you to the problem.Your interview of the seller before you bought the house, should have alerted you to the problem.You calculations on the numbers should have alerted you to the problem.Check, cross check and check again.

Check out Every Landlord's Legal Guide by NOLO.

Check out this recent rental report from Zumper ranking cities in the US with the highest rents. https://www.zumper.com/blog/rental-price-data/ Welcome to BP - do you work exclusively with investors as a broker or is it just a good portion of your clientele?  

I personally recommend checking Columbus OH - lots of job growth, population growth, and major companies moving and developing here.

We did have a few called and we simply cut a check to retire the mortgage.

I would also check to see if you are able to refinance with your long term lender.

Just be sure to check local zoning rules, manage construction costs, and explore financing options like HELOCs or DSCR loans.

Mountains and skiing, yup we got that too. beaches, check, but sure it's not ocean and no not the same but it's fishing, it's a beach.

I would check with your CPA to make sure you want to offer up those services.

Make sure you check deed restrictions, code, and rumors of new deed restrictions and code.