If you fix the inside of the house spend a bit of money on the outside. you don't have to break the bank but make an effort.  

Why are you losing money just to keep this guy?

Especially if they are a money partner only. 

So you'll be putting out quite a bit of money to do that, and when you sell, you'll most likely have to convert it back.   

Im not a fan of seller financing unless that property is free and clear and the seller is offering reasonable terms NOT on money they have borrowed. just too many people get into this type of thing without understanding the whole picture, like title being moved into the buyer's name, due on sale clauses... etc. etc. also, just because its a very commonly overlooked guideline which makes financing on 3's and 4's a little challenging: FHA requires the property to self-sustain its own PITIMI by the rents.

Quote from @Erik Estrada: You are better off saving the money, as 15-20% down is the norm for investment property financing.

Quote from @Victor Patel: I recently invested $60K with a local hard money lender who has been established in the area for decades.

I contacted the author of this article to assist me with finding a hard money lender. 

I'm currently looking to connect with:Experienced real estate agents who specialize in investment properties, particularly those suitable for short-term rentals in Fayetteville.Investors who have successfully navigated the short-term rental market and can share insights on property selection, management, and maximizing returns.Finance experts or lenders who can guide me through funding options for investment properties, including conventional mortgages, FHA loans, or creative financing strategies like DSCR loans, hard money lending, private money lending, seller financing, and cash out refinancing .My background is in long term investing.

Housing prices the way they are and cleaning fees can anyone make money on str in long beach if they get in the game now?