Originally posted by @Trevor Fleck:@Eddie Lozada check out Rent to Retirement.

I can't give a tutorial re how to originate a note today, selling a house with financing in just one post. 

Ok, so I see this might have been a design flaw in the original build so there isn't much you can do unless you rip it all out.You could have it all scoped and see what's what so you can get an idea of what you are dealing with.You could comp the guests a night.

When I add a new tenant to the lease, the original contract terms remain in place.

So, in actuality the divide between “good” PMs and “bad” ones is probably no different than any other service provider, be it real estate broker, mortgage originator, etc.The key word I has in my sentence was MAY; as in MAY be hazardous to your financial health.  

If you cash flow $1K per month for 36 months, and then sell with the ability to pull back your original investment, would you consider that a win?

The original intention was to do a light cosmetic rehab and rent it out.

Originally posted by @Jefferson Lilly:I've been on the BiggerPockets podcast twice:http://www.biggerpockets.com/renewsblog/2015/02/26...https://www.biggerpockets.com/renewsblog/biggerpoc...... and am launching my next MHP investment fund late this month (October of '18).  

We originally used an FHA loan with 3% down, took on MIP, and now have a $2,100/mo mortgage with $225 HOA/mo - so about break even on cash flow. 

Originally posted by @John Voychick:I'm sorry for your experience.