Paid $50k down took out an owner financing note for $112,000 and a mortgage for $743/mn Front home rented out for $1,200/mn and back home rented out for $900/mn (currently on the market for sale).I wanted to give some feedback of our deals prior to digging in.

The last few years have been great for investors/homebuyers who bought pre-con, but looking back to the few years after the 2014/15 boom, this wasn't the case, where many had actually committed to buying a property that wasn't quite worth what they signed up for closer to closing because the appraisal weren't matching the contract price, requiring a cash top-up.

.🔹 Final Thought: If a tenant is already pushing back on basic screening, it’s often a sign of future issues.

We do the leasing for them, but once we get the tenant in place, turn it back over to the owner to manage. 

He didn't apply, but you know she's a good mom and would only date a guy that's good for her kid and supportive of her goals, so you ignore the little nagging voice in the back of your head.

Always push for utility bill backs or tenant covered electricity in your leases.

I don’t see where a rental would make sense, so I’m trying to look at other options to cover the monthly payments until the market goes back up.  

I bet if converted BACK, it would be 4br+, probably a rather spacious 4br+: - a whole lot easier to rent given much more demand for such vs efficiency or 1brs- no longer competing in any way against apartments- no more utility issues, because tenants cover 100% of there own utilaties- no more headaches of wrangling different persons to play nice togetherAnd on and on and on...... 

If I could go back that is what I would do..

. $200K property needs to rent at 1.5% for a minimum of $3K per month. half of that will go back into property expenses.