Institutional investors have gotten into sfrs lately but they're dealing with the same issues only on a much larger scale (see my BP blog post here for more on that).There are economies of scale such as volume pricing but more importantly as you move into CRE you're dealing increasingly with professionals and the pricing is driven by the numbers, a much more rational valuation basis than sfr pricing based on "comps".

Regardless, I recommend not letting the excitement of a deal overwhelm the rationality necessary to close a profitable deal.  

If you are intent, focused and do a zero based budget every month, you will pay of your debts quicker than you think.I guess I am at the point where you can talk numbers all day and rationalize why to do this and do that, but I am here to tell you get those suckers paid off as quickly as possible, because they will wreak havoc on your lifestyle in the long run.We have been conditioned to treat student loans as they are no big deal, that its just a part of life, that it is something we have to deal with.

Go find a rehab that;s not too bad off and put the value back into the house so you can get the ration you need to make a profit.

No it doesn't make rational sense.

@Marcia Maynard may be correct in a rational way, "roses are natural, roses have thorns, everyone knows this, just take care of it and there won't be a problem."

We could do the completely rational thing and (gasp!)

Just check in at the end of 2 months and if they are proving to be rational human beings that pay then make the plans to follow through with your dream.

It really simplifies the process & helps thing move along at a rational pace.

I'm guessing investor bought at market peak, and couldn't rationalize the needed interior renovations on underwater properties..