Cut your losses and get her out.

It's too far for us to feel comfortable with it and we simply don't know enough about the different areas.

Why can't the investors simply invest with a GP who is active in that market?

One claimed $100 per day fine from not cutting grass for 2 years to take the $70k excess proceeds.

@Nicholas Jose the tenant estoppel is usually during escrow and the deal could fall through or the closing date could change before you get to closing so I'd have it be cut entirely from the letter and then just get your info/ tenant estoppel during escrow with separate documentation.

This house also had a recent price cut but to your point, it might very well still be overpriced.

Yes John, this is simply the purchase and rehab costs as my "cash invested".

I also look widely for HELOCs for my own rental portfolio and am not seeing danger signs there, either, defined by me as lenders cutting off lines or no longer extending lines. 

Did not move forward simply being lazy.Now, I can not find any commercial property around OSU at a reasonable cap. 

If you think rents will continue growing and values will continue growing, then buying before rates are cut could be good.