Eitherway, in time after repairs are made and I recive a fair insurance payout I will reinvest but with a lot more 'micro managing' apps approach. 

You just need to bring it in continuously every other day for repairs, to keep fixing the stuff that constantly breaks, to make it run, so because the car is always being fixed (because it always breaks), my conclusion is the car works, and so the car brand is A-Okay.That doesn't make any sense, does it? 

When someone tells me that "you won't have repairs or cap ex for a while since the seller just renovated it"... well that property is -$300 to $-500 a month from repairs called in by the tenant most months.

It is not uncommon for landlords to hope that the condition of their property is "good enough" when really things should be repaired or replaced.  

In my case, it was obvious the appraiser took into account none of the repairs we did and just appraised them all at our purchase prices so the bank was happy to wave them.

If so, have them ask their provider if it will cover temporary housing while repairs are made.2.

Good Offer Price: Without knowing the current bleeding amount, it’s tough to give a precise number, but generally, aim for 70-80% of the after-repair value (ARV) minus the cost of repairs.

Also, consider factoring in a conservative appreciation rate and double-checking your repair estimates.Hope this helps!

So at a  minimum you need to be firm that the rent is enough to cover your expenses (including insurance, PM fee, capital reserves for repairs)I'd go on Facebook Marketplace and on any Facebook Groups you find for KSU Housing and post it there (at a rent rate this is actually covering your expenses) and see if you get response. 

You can always put in sweat equity to do repairs / renovations but you still have to pay for supplies and other associated bills.4.