When I was pursuing that at one point I only had 1 out of 50 applications reach back out.  

Purchase price: $990,000 Cash invested: $350,000 Purchased this home with my former partner back in 2018 and we put 200k down.

Mistakes I see people make is they plan on living there a short time and over renovate the property where they will never get the money they put into it back. 

In both cases after they moved out I had to spend a lot to bring the property back to its previous condition. 

Tenant gets their deposit back when their lease is officially/legally over.

Use that loan to pay the back taxes and get things under control.

I'm not a fan of mega back door roth contributions, unless potentially if you're in the 22% tax bracket or lower.

I'll get back to you when I decide whether or not I want to go that route for this home.  

(in the back of your mind the cleanliness is no excuse and they clearly do not respect your property.

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!