So I wound up taking a project management internship with a utility company.

My PM was unable to schedule the inspection and there wound up being a couple failed items as usual when we finally got the inspection after 2 months.

There was also an awesome tenant in place who stayed for a while but wound up buying her own place a few months after we closed. 

It wound up selling for 85 a few days later to a guy who is a contractor and can rehab for way less than I can.I suppose at this point I'm just unsure of how to approach hunting for a house.

Lots of engineering to do that right.I had one on the river I sold to a buyer that wound up knocking out the first floor and built above a new foundation instead of raising it.

What happened was the tenants wound up inviting ex-cons as they got out of prison (San Quintin) into the units to live with them.I wound up evicting everyone and starting from scratch.

It's like a self inflicted wound in that regard.

I am not trying to rub salt in your wounds, but as a new landlord, I am trying to avoid this unfortunate mess your in.

In 2013 I received an offer in the mail to refinance my loan to a streamline FHA loan to 3.5% interest rate, the mortgage company didn’t lock me in time and I wound up with a 4% FHA streamline loan.

When it happens, look for ways to limit the damage, you lick your wounds, try to screen better next time, and make money on the next deal.