ThanksThat sounds insane to me too.

$150k is more than enough to get you started, but the issue is that right now it sounds as if it's "trapped" in another property as equity.

This sounds like a class C property based on the numbers so thsoe are typically very high costs that you will incur.

I will be blunt and tell you that it sounds like your approach is a bit naive.

and it sounds like Lake Charles has a meetup as well which is very cool.

It will only cash flow about $150/door/month, but I tell you this to point out that cash-on-cash returns are nice to analyze, but I am getting to the point that something that cant be an infinite cash-on-cash return at some point in the near future just doesnt sound that appealing.  

It sounds like you want their knowledge, but in what areas do you feel you are lacking?  

It sounds like this may be a loss but I am sure you have learnt from it.

It sounds like an address error, what did support say about the issue?

While it sounds like you currently are not in the area, one great meetup is "Minneapolis Real Estate Investor Meetup".