Absolutely, it's a favorable time to buy given the current mortgage rates. 

These are areas where you can cash flow in Columbus because the rent-to-price ratio is favorable.

Hey mate,Sorry to hear about your troubles but it's not too uncommon.I've been in the turnkey biz for 10+ years now and have often been called the "bad guy" as we only sell to investors looking to purchase with cash.Many believe that because we only accept cash buyers, that we inflate the properties price which definitely isn't accurate.Quite on the contrary when looking back I feel that we under sold them lolWe can justify every one of our property prices with a CMA independent of our in-house sales.Whoever believes that financing a turnkey property makes it safe is wrong.Most turnkey providers or affiliates push the financing model (Even in today's high interest environment) to make more sales.They have "in-house" lenders or community banks that they establish relationships with and promise large volumes in loans.This in return get's rewarded with various favors and many are easily able to manipulate appraisals.Having flipped over a thousand properties, I know how easily an appraisal can be manipulated so for anything reading, "NO", financing a turnkey property doesn't necessarily make you purchase it for fair market value.To answer your question:When S#%@ hit's the fan like it did for you with this deal, I personally would always look to cut my losses and move on smarter and more experienced.Granted, over the years I have witnessed many investors buy 1-2 properties from my company and expect miracles only to get disappointed. 

It might be more favorable to wait until rates drop, and then more buyers will be in the market to meet your price.

I can provide you with an interactive map that meticulously outlines which streets allow for student rentals, offering clarity and ease in navigating the local regulations.With house prices and interest rates on the rise, coupled with the university's expansion, rental rates are experiencing a corresponding increase, ensuring a favorable outlook for investors.

Wealthy real estate investors seek out properties with positive cash flows, meaning they bring in enough money to pay for themselves while also offering a favorable return on investment.

Rates are much more favorable compared to an investment property. 

I'd suggest picking a market that is growing, has multiple industries supporting it, has a population over 50K (so as not to be considered rural), HHI above 50K and a favorable price to rent ratio... at least this is my starting buy box when looking for a new market.

the less you have to comp to it, the less likely you (or the buyer) is to be able to get financing, or at least favorable financing. 

So, the timing worked out in my favor, though this is not always going to be the case.