@Brian Fisher It sounds like this was a frozen pipe and not a pump issue. 

There are ways you could do this, but it sounds like you've already resigned yourself to the loss so I won't bother.

Sometimes, unseen issues (like major repairs) end up costing more than the discount you negotiated.Final Thoughts•If there are no major rental restrictions, and the numbers work based on rental comps, this could be a great first investment.

Reason being, Valdosta has experienced two hurricanes and inflation, like we all have, in the last 5 years and the property taxes have been rising every year for the last three.

Use the HELOC on cash-generating opportunities like flips, then use the cash generated to buy long-term buy and hold investments. 

Let us know if you’d like to talk further about this.

what’s the market like .

I've heard situations like this go south way too many times. 

I definitely agree - not even solving problems like you mentioned - I think its mainly about solving the sellers problem.

I’m diving into real estate investing with a focus on rental properties, and I’m looking to connect with like-minded investors, lenders, and partners.A little about me:•I’m currently working on securing my first rental property and seeking a strategic partnership with an investor willing to fund the deal while I handle the operations.