I can't live that far from work, but I would absolutely consider it for my subsequent investment properties.

So, in this example, getting the 64% IRR assumes that the $20K down payment (and subsequent payments) are reinvested at a 64% IRR.

I have viewed great looking properties and when I was subsequently granted access to other units discovered units with obvious mold growth, fire damage, and squatters. 

Many have commented positively in other properties we acquired; We take care of our properties and subsequently our tenants.  

In the event that a default is cured, such as by a completed loan modification or reinstatement, and the loan subsequently becomes delinquent again, a new allowable fee applies without the need for excess fee approval when the servicer must initiate new foreclosure proceedings.StateNon-Judicial ForeclosureJudicial ForeclosureAlabama$1,3251On Approval2Alaska$1,625On Approval2Arizona$1,350On Approval2Arkansas$1,475On Approval2California$1,425On Approval2Colorado$1,650On Approval2ConnecticutN/A$2,9003,4,5DelawareN/A$2,3503District of ColumbiaN/A$2,7003FloridaN/A$3,4503,12Georgia$1,325On Approval2Guam$1,625On Approval2HawaiiN/A$3,7758Idaho$1,250On Approval2IllinoisN/A$2,7503IndianaN/A$2,5003Iowa$1,275$2,3003KansasN/A$2,2503KentuckyN/A$2,7003LouisianaN/A$2,3503MaineN/A$2,7503Maryland$2,5006On Approval2MassachusettsN/A$3,0003,4Michigan$1,425On Approval2Minnesota$1,4509On Approval2© 2017 Fannie Mae.

@Chris Kraemer Of course there are risk with listing a property at a price above its value... subsequent multiple price cuts may also send the wrong signal to the buyers.

You've gone into a business relationship with someone who can make way more money selling properties over market value and subsequently being fired from their management role as quickly as possible.

My tenant was shaky on rent leading up to the coronavirus, and the subsequent shut down made the situation worse. 

You have learned some items that should be able to be leveraged on subsequent RE investments.Good luck

Each trip you'll learn more about the area, neighborhoods, etc. and hopefully that will payoff in subsequent purchases.