Check with your attorney on how to proceed.In my mind... and perhaps the borrow may be thinking the same thing... if you're in Ohio and they are in Alaska... how much money are you going to spend to make the situation right when the outstanding balance is at $12k? 

I have been lucky enough to be a limited partner in a 250+ multifamily in Houston for 5 years now which has produced outstanding returns so I felt why not get involved more directly.

Condos aren’t my thing I do cabins they make more money but it’s damn near the same thing. 

Divide it by 12 then that's a monthly income of $610.Cash Flow: $610 (income) - $466 (expenses) = $144Cash on Cash would be: $1,728 / $29,922  = 5.70% It's not outstanding but at least, it's not negative.Another option is just to sell it and start over (now at least, am better equipped with this experience and not make the same mistake).Any other advice for me?

I used to LOVE the Ikea cabinets but it takes too damn long to go and get them. 

Charleston has an outstanding investor community.

There is more to this, but there are 21,000 multifamily properties in Franklin County...1,000 of those sold on market last year...I think our odds of finding something are pretty damn good. 

So I won a certificate in 2018 that had no outstanding liens. 

Whether the outstanding loan balance would be a distribution or a rollover could be a significant factor in how you choose to proceed.

We also made sure there were no outstanding liens on the property.