I appreciate it.john Your plan seems well-thought-out, but I’d keep a few things in mind.

I could very well be wrong though.Not an attorney, so Im interested to see if any attorneys chime in on this - I'd like to know the answer myself. 

I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.

WELL, thats what we planned so far.

In my view they made the correct decision and if you spent significant time recovering this cost, well I think we all know what that is. 

A local property manager will make this much easier and handle the visits for you.Single-family homes can still do well, even with more apartments popping up, as they cater to tenants who want privacy and space.

Any good HML will be happy to share the contact info of borrowers so you can see how easy the process was and how well they treated the investor.Can you share a recent closing document or HUD?

They don't communicate well, don't take responsibility for their actions, do not clean or maintain homes well, and will shaft you when it's time to leave.Other than that, it's a pretty good system.

It was a personal referral, received a credit at closing for renovations as well How did you finance this deal?

Lower returns are an issue as well.