Quote from @Bhushan Shinkre: Few corrections, tenant simply decided not to pay rent and took further action of asking for refund of all prior payments (legally made via Baselane), which Baselane paid out no questions asked.

Happy to help with some advice and if you do a search, you'll find some solid posts I made on the space. 

The 1st red flag question he went over made me laugh.

And unless your going to hold for life ( which not many do) Appreciation is where the wealth is made..

That's great that the bank who currently holds the note wants you on 20 year or 15 year amortization, they view you as a captive customer, they don't have to earn your business any more, as far as they are concerned. 

This made the overall appearance of the property much better and allowed us to re-sell for a profit.

What made you interested in investing in this type of deal?

The load calculation made for the existing foundation were not factored into the initial design.

After months on the market, I made an offer over $20k under the asking price and it was accepted.

Hey man im a Savannah investor and I have done and made the Renatus program a part of my business its a great way to learn and make some extra coin.