I figure it doesn’t hurt to go and place a bid if I can get it for a good price.

Hi All,I am in the very early stages of this journey and am trying to figure out what the best step to take needs to be when jumping in.

I'm mainly trying to just figure out if the year 1-5 loss of around $38,000 is still worth it in the long run with the sale price covering that loss plus about $250,000.

Agree with @Marcus Auerbach...many of the folks you are hoping to win over here own 7 figures worth of real estate.

We in the BP community can help you figure out the financial choices if you choose to share your numbers but at the end of the day there's also an emotional cost to be considered with either choice and you have to decide that for yourself.You're welcome to respond here or message if you have any questions, I'm happy to help you take a look at numbers if you feel comfortable to help you break down your options of keeping vs selling so that you can make an informed decision

As of now, with estimating every house at 75K ( I figured high) with the interest at 7.5%, paying all taxes, muni fees, waste fees, and the salary of the manager at 35K a year, I would be netting 6K a month with the current layout.

I have found that the returns match or beat the returns from active investing and it's easy to figure out why - I am hiring professional asset managers to manage all aspects of my investment. 

Cannot figure how to post it to this site.

Two after the GFC many banks left the SFR rehab loan business and simply don't have that product unless your a top tier depositor and I don't mean 100k in the bank I mean 7 figures so basically borrowing your own money.

I am not offering myself but I do know someone who could help you figure out the next moves and the right strategy.