It was the 'water master's house'--the person responsible for diverting the Colorado River water to the different properties/farms. 

We’ve told our renters that they’re still responsible for rent until through the duration of the lease term until we find new renters, to which they were surprised.

You should also be posting this in the classifieds, not this forum for better opportunities.To be honest with you, it sounded like a good deal that I think people would be interested in before seeing the photos and numbers, but your response was so bad, I think it will turn anyone off.

Dont hide behind your cell phone don't leave the stupid for faster response text me.

Using this, although slow at first, will build momentum on the back end to move quickly once the momentum builds, or at least as long as I keep the rails on the tracks. 

 $1800 (high end of rent range) - $1535 (hopefully mortgage includes full PITI) - $90 (5% vacancy) - $400 maintenance/cap ex - $180 PM (at that low rent point I am using 10% all inclusive) - $50 misc (bookkeeping, utilities that are not tenant responsibility such as slab leak, tax man, allocation of asset protection, etc).  

If you just say it was a "bad" wholesaler/contractor/partner that doesn't cover accepting responsibility for what you should have done differently to vet them, manage the partnership etc. 

I have not read all the responses yet, but just on the face of this I would not fully pull out of a business that is stable, which provides stable income to go into full time flipping.

@Cheryl Vargas no problem, thanks for the response. 

They take on the responsibility of tenant communication, emergencies, and paperwork, which can otherwise be overwhelming for individual property owners.The Challenges of DIY Property ManagementWhile many investors choose to manage their own properties, it comes with its set of challenges.