Learnt lesson not to fully depend on property manager and should have made decision faster by reducing rent .

It all depends on what your requirement for cash flow is.

All depends on the operator, the segment there playing in. 

No one has ever asked me. 3) Depends on if you want longterm or short term residents. 5) We used Redstar https://www.redstarbackgrounds.com/ they give you accept/decline recommendations.

It depends what basis you are filing under.

Cash flow is crucial, especially if you depend on it for your monthly income.Selling the property for $170k, which is above its market value of $120k, might seem like a good deal initially.

@Cynthia Lee it depends on your state and local laws.Here in Michigan, we can accept partial rent payments up to the Writ status and have it not affect the eviction process.

That is often a matter of opinion and will depend on the attitude of your municipality.Most municipalities do not require neighborhood approval, but will offer the public opportunities to provide input which will be considered.

I believe it depends on the lenders funding source.  

With $50K and a DSCR loan, your budget will likely cap at properties in the $150K-$170K range, depending on the closing costs and any repairs needed.