Then look at your options. 

Showdigs is another great option for landlords in your situation.

There are also some benefits to leverage such as tax breaks that lowers the effective cost of borrowing the money.

So those are kind of my options- rent at a loss or sell for the balance.

Lenders can have different loan options based on the property type and the amount of rehab (if any) required for the project. 

I've been doing some light reading, and it sounds like refinancing that property and using the proceeds to reinvest elsewhere might be a better option. 

The lower level is called Foundations where you just go through his training (to become a sophisticated investor and invest with the people doing the deals) and get to attend his networking events (in order to build relationships with these people), but you don't get to work with Brad directly. 

Lower risk all the way around.  

With your pipeline of off-markets, cherry-pick the best for yourself to close on, and on the rest, lock them up with a long inspection window, and make sure you have an option in the contract to Assign the deal to another buyer.

That said, if managing sounds overwhelming or you’re strapped for time, hiring a property manager from the start is a perfectly valid option.