If anyone has experience with taking over a mortgage, I’d appreciate your insight. 

Let's assume your expenses (mortgage, taxes, insurance, maintenance, vacancy, etc.) comes to a clean $600 and the property rents for $1,000.

If the tenants don't care for the pool properly, it could cost you thousands to fix.

I wonder if it's worth it to sell shares pay the 15% capital gains and pay off the mortgage.

This deal was the catalyst that got me into the mortgage banking industry.

The intention of this post was more towards asking a question rather than trying to find a note purchaser because I just started SFH and MHP investing not long ago and figured biggerpocket might be a proper place to post this question lol.

After some issues with the mortgage lender not doing their due diligence until the last minute they put in some of their commission to support the closing of this property.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

The proper answer is "it depends" I don't know anything about your case.I do prefer simple over unnecessary complexity.

The rent from this property covers the mortgage.