And add to that the nuttiest elections we have had here in a llooonnggg llooonnggg time ;)  Any one of these going awry can set off the stock market to a sustained downward spiral.

@Scott Heiman you should note that historically rents have not dropped in the same manner as the average price metrics.

I think the question comes down to if you can sustain the property or not.

I offered a $50 courtesy adjustment  saying I think the repairs were done in a timely manner.   

The only way to avoid losing your money is 1. not invest it, or 2. only invest it from dealing in a good entrepreneurial manner, eliminating and managing risks to an acceptable level.

Im trying to learn as much about all the various aspects of investment, as we live in a one size does not fit all world now, adaptability and creativity are key to me, in understanding what are the best ways to handle a real estate investment opportunity.Im here to learn and network with other investors so I can take advantage of the wealth of knowledge and turn it into a sustainable business. 

Urban sprawl just doesn't equate to true, sustainable growth to me.  

You made no mistake...you used the FHA loan in the manner it was intended to be used, to acquire a personal residence for you and your family.  

Looks like if you really want to make good sustained income, opening a RE school would be the safest bet!

You should memorize it and be able to recite it in a casual manner to anyone who asks.