Price cut to where you are still making a profit that you are okay with For the future, make sure that you are getting deals from the wholesalers and running your own numbers on comps..

However, tenants have not been great, basically late on rent and/or leaving repairs that eat all profits.

However, for some reason the profit at sale seems to be skewed somehow or this is just a bad deal and I'm glad I signed up for bigger pockets.   

I invest in Columbus and find a ton of profitable deals here and help other out of state investors get onboarded.

Just a lot of systems, paperwork organization, and staying abreast of/within the law (required notices, addendums, etc.).3) The screening criteria we use:650 credit score or aboveIncome 3x the monthly rentNo pets (depending on the property)No smokingNo evictions, notices to comply, or money owed to landlords in the past 12 monthsProof of income and financial responsibilityAdditional:First, last, and security deposit due at signing750+ credit score does not require last month rent (helps incentivize quality tenants)Best of luck!

And a property manager is expensive and profit margins on rentals are fairly small.

Can be profitable ,BUT, my experience as a hard money lender is that there are many companies operstimg in this field that aren’t very stable financially.  

Analyze the cost vs new profit and see if it is worth doing.

@Andrew SteffensWith the new normal when it comes to US interest rates, it might be more profitable to buy a property by paying cash (you're unlikely to get a mortgage in that specific country than buying something in the US with a 7% mortgage.

This home had a HUGE delay that cost us thousands of dollars.The group that put in the underground plumbing dug the plumbing too low, and by the time we caught the mistake, the slab had already been poured and the septic tanks installed.We had to dig up the septic tanks, install a lift station, and reinstall the septic tanks.This all happened during 2 hurricanes, which caused even more delays.Time kills deals.This is why you need to 1) be conservative with your timelines and costs, 2) add contingencies to your budgets, and 3) have a healthy profit margin.