Ask yourself if at 2.9% interest you paid off the mortgage are you further ahead than if you took that $50K and invested it elsewhere? 

They are definitely responsible for starting the fire, whether utilities were on or not.If tenant has insurance, they should file a claim.

Quote from @Erik Estrada: You are better off saving the money, as 15-20% down is the norm for investment property financing.

Is your goal to use being an agent for your own personal investments or actively try and grow your agent business to eventually leave your W2?

If it was bought as an investment property, it works great as an investment property. 

When you are first starting out, you should probably buffer an extra 20% on top of your renovation budget to cover incidentals while you are learning the true cost of flipping.When you do all these things (conservative estimate of ARV, additional 20% estimate on construction costs, using a conservative 0.7 multiplier in your estimate), you are unlikely to lose on your first flip (but it will be harder to find your first flip).  

Investment Info:Condo other investment.

It has been a very poor investment decision.

I'm new to RE investing and searching for some in Nassau County.   

Hi Jeffrey,Great to see you’re looking to scale into multi-family commercial investing here in Indy!