@Monique Burns. 

I was so grossed out I wanted to burn my clothes when I left.  

Keep saving back money keep a strong disciplined work ethic with a burning desire and No question ..finish that schooling .

Latest news is that BS is going out of business at the end of the mont.In the last week I was able to obtain few pictures from the outside the house showing no work done outside at all, and I just can imagine what is going to be inside.So folks if you thinking of investing with Morris and Natali Morris from Morris invest run away fast or you'll get burned as I did.Now #claytonmorris  moved to new markets like Detroit Mi, Jacksonville Fl and who knows where elce, so be aware.At this point I am in the mud not sure what to do.

I do not think this was a major strategy killer, but the house sat empty during peak rental time (Summer before school started) and is still vacant at a price above Proforma.Some Observations: Closing costs came out to be much higher than the proforma estimateTaxes were spot onProperty Mgmt. fee spot onThe vacancy is listed at 4%, even though PM says I takes an average of 45 days to rent, so it’s a broad average I’m assuming after tenant leases or across all their properties.They advertise 2-year leases during the tour and most turnkeys are rented prior to closing, not the case for my property, still vacantOne inquiry has come in for a family whose house burned down, but they want 3-month lease smack in the middle of winter for another renewal, not optimalNeither the marketing department nor PM inside Reedy was very proactive as far as communication.

A friend of mine just got burned with his condo in San Diego following the self managing strategy.

But we had a rash of teenagers burn down almost every unoccupied house in town.

The description says that it's a burn out house and is not livable.

@Lee Burns  Step back first and make sure it's really a deal. 

The market is closer to "euphoric" than it is to "distressed", and while you can't time the market, getting burned in your first deal might be too hard of a lesson to recover from.