And yea, I don't mind throwing people under the bus when it calls for it, but ultimately this was my job to think of and catch and I just flubbed it.

Sounds like you might be in too deep, but maybe it's not quite time to throw in the towel just yet.You hired your inspector to tell you everything about the property - and just keep in mind that the inspection report is going to look like a total bloodbath. 

In most cases they just are hoping they know what they are doing.. but they just spent 5k on mailers and they are going to throw  deal out there and pray someone is not swift enough jumps on it.

@Denise FitzgeraldIt's a shame to throw away a 3.25% interest rate, but if the cash flow makes sense, do it sooner rather than later before the rates go up further. 

Otherwise you're just throwing money away because you haven't learned how to control spending.

Just throwing numbers out there from a previous find, but there are a ton of places you can borrower the money from without needing to show personal income that would allow your savings to really stretch, and maximize your passive-income potential.

I'm thinking of buying a cheap house that needs alot of tlc, nothing specific in my mind yet, and throwing in time and money to fix up and rent.

The mailman would get upset about un-stamped mail showing up in the mailbox and would throw them on the ground. 

Just throwing out an example. $30K down payment on a single $100k house. 

Usually you have to "take 'em all" because they want to throw a few junk properties in there.