DISCLAIMER: I know I made several mistakes leading up to this point, and this is mostly my fault.

Their false promises, inefficient processes, and overly complicated application requirements have been a costly mistake.

I would also consider other exits in case the house doesn't sell and run your numbers with a worst case scenario and you're holding the loan for 9-12+ months.

@Brooke Roundy rookie mistake not having a no smoking clause in your lease.Why isn't this covered by your PMC's lease?

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.PM us if you’d like to discuss this logical approach in greater detail!

Taking out the rehab money wasn't the worst, however you have to budget for a down payment for your contractor which I didn't. 

You might make a few mistakes a long the way but that's okay!

You have to work the deal where in the worst case you break even. $300 will convert on $500 or more for repairs and additional costs.You have to find a good deal and partnering with an agent to help you achieve that is key.

Unfortunately, I made several budgeting mistakes along the way and now have less equity than I had hoped for in the property.

Best to worst.