dropping 30% down, mgmt, trash, insurance, mtg, will make my pockets bleed by about $200/mo. 

Sell to a rehab investor in its as is condition and get out, stop the bleeding, and salvage what you have left.Regardless of which option you choose (and one or both may not be options if your numbers are bad), this is a prime example of a very common mistake.

Some property managers see that you are a out of town landlord and will bleed you of cash.

Hi Mike- hard money may bleed all your upside out of the deal depending on what your projected ARV and exit strategy is at even some of the lower rates I have seen between 9-14%.

I came home for lunch and had unknown and extremely rare condition in my spinal cord bleed.

Don't over-leverage yourself to the point of bleeding money every month just to pull money out.

The right time to buy is when the seller is bleeding.

Am I bleeding money on this deal?

But to be perfectly honest, I have some concerns when I read that Cayahoga County (Cleveland) has been bleeding population year over year.

A colleague of mine retired as Maintenance manager from an Industrial complex & was bored.He also owned a large warehouse that was bleeding him dry with transient tenants so we all sat around one night tossing out ideas & he decide to approach a couple of the local community colleges.