Currently, interest rates, taxes, and insurance are very high, making it difficult to cashflow with downpayments that are below 40%.

I am currently working to find ideal properties.

The equity is actually what you are paying for the property.In this case let's look at the numbers that count,...the current numbers.You have about $500k or more in equity, which is buying you a property that's worth about $700k (I went with the lower PV. 

I'm currently corresponding with my property manager to gather information of the condition of the property as well as discuss our next course of action. 

Start with these three key points:Current SituationAssess your current or expected capital and credit within a realistic timeframe.

have strong desire to venture in real estate and have read books about real estate and the book I'm currently reading directed me to get more insights from here!

Principal balance currently at 314kProperty Details: It's essentially a "2-in-1" property, with the main unit rented out for $1,900/month and an attached ADU bringing in an additional $1,200/month.

Ask to speak with some of their current owners and current/former tenants.

Lots of medical in KC - hospitals, medical school, etc.

They also blame the "fake media" for their current predicament.