The borrower has already shown the ability to repay and since you did not originate the loan then you are not on the hook for liability.

This is one of the best post I've seen on here.I've tried marketing my LTR before the previous tenants moved out, but the problem I ran into is that since I couldn't show the unit all of the people that originally reached out lost interest and moved onto to other properties.

You would want to be sure you are at least one year removed from the origination of that first FHA loan as that could be a hiccup as well. 

BUT, if you assume a loan that was originated a couple years ago you will have a much lower payment and can afford a much more expensive home!   

Where is the original $70,000 coming from?

also might be the original posters demeanor towards the buyer's.

Note, of course, that this opinion is coming from a place of the very limited information you supplied in your original post but on the face of it living for $1500/mo in a decent neighborhood seems decent to me.That said, I would encourage you to look at this more long term.

Originally posted by @William M.

I joined some facebook group and sometimes the members of the group offer a joint venture where the original investor has bought a property but will need my money for the renovation.

And if I do pay taxes do I get to deduct my original expenses from the LA sale?