it's very difficult to manage from a distance,  if you decide to keep it, i highly recommend to higher one.I live in SC, when i lived in CT i managed my units, once I left I got a PM.

One of my wholesale lenders used to be willing to finance these, I can't remember the CLTV requirement of the top.

I am the Vice President of OmniKey Realty, and I would highly recommend scheduling a tour with my investment team if you haven't already done so.

- Are there other lenders you’d recommend for refinancing rental properties that might have a smoother process or better terms?

I'm sure it's a little more efficient in larger cities, but my market requires up to 60 days to get approval.Lower your expectations with Section 8 tenants.

I would recommend starting in your backyard and hone your skills if its possible, I know some markets have an extreme HCOL which may make it unfavorable in your case.

When it comes to repairs, I recommend talking to contractors who can walk through the property for you and give you a solid estimate.

So, your focus may need to pivot from high rental cash flow to little to no cash flow as a rental with an appreciation upside.I would recommend taking your $150K to $200K and securing a solid equity position in something that will cover its expenses and maybe provide a small cash flow, but then is poised to appreciate nicely over the course of the next several years. 

They require all cash to buy so the people there have money.

If you ask the manager to justify a fee and he starts hemming and hawing, move on or require them to remove the fee.