Going to the events page above and seeing who is hosting meetups along with connecting with people at these meetups is a great way to grow your network of people within a small 25-50 mile radius.

@Ed Lopez Many good points in this thread.A few things I was thinking about when reading your posts:1) At $500/month in rent with annual turns it is going to be nearly impossible for the cash-flow math to ever work.

Consider what your long-term goals are, is this your only rental or do you want to grow your portfolio?

Now more than ever, I am seeing offers required to be submitted through a portal where the listing agents want no business being involved with up front negotiations.

Also, What do you consider growing to a moderate size?

Additionally, the growing number of Airbnb listings in the area has increased competition.

If you have other money to grow your portfolio even with $107K left in the property then  hold the property. 

I'd love to connect if you or any clients are ever in need of financing for rentals or renovations!

So, even if he doesn't ever do another deal...he is still up $10,000!

If you ever see someone offering terms that are too good to be true, you might as well just post your SS# and banking information on IG.