I got it by accident and not really sure what I'm doing next.

So for me, unless it's a horrific wreck beyond being saved, I'd without doubt go HW route.     

Bouncing payments or only being an illness or accident away from not being able to pay the rent, are issues considered by our underwriting.Letter Of ExplanationAny time there are credit issues or we discover an inconsistency, we require a written letter of explanation (LOX).

The Code guy shows up with a Code lady like this is an auto accident and they got to have six cops on the scene.

You're 100% correct I had a brain fart and calculated the mortgage at $200k (purchase price) instead of the $150k (mortgage payoff) by accident.

I actually learned this by accident, I just noticed the rehabbed new inside houses got us better tenants and the  maintenance calls are almost non existent and they stay forever, seriously, they have nowhere to go when the house is new and even though we are priced at the high end, it is still a win win for all.  

I currently on STD while writing this due to a car accident while heading home from work one early Saturday morning so I have plenty of free time to learn and educate myself from experiences published on this website. 

-I got several calls the first day- I got it under contract within a week-I got my asking price- I got calls afterwards from buyers requesting that I put they on my buyers list and to call them first when I came across any more properties I build my buyers list on accident buy having a good deal.

Encourage the tenant to make certain the litter boxes are changed often to prevent accidents (I keep mine in a bathtub in a bathroom we don't use).  

Here are the horror stories over the years.1) I had a partner that died in a drowning accident and he was only 32.