As a would be individual landlord with just a one unit single family property I don’t know I can stomach the risk or withstand a financial assault resulting from an eviction process for a non-paying tenant (or tenants that do extensive damage).I am seriously considering bowing out and selling.

@Rachel Jane a lot of issues here to consider:1) Does the condo association even allow rentals?

Being a real estate professional allows you to treat the income as non-passive, allowing higher high income tax payers to pay less in taxes.

Line of Credits (like HELOCS) allows access to a set amount of money up to a pre-determined limit and it is revolving.

We also have a mixer for Canadians investing in the US on April 4th, 2024 come out and meet some like minded individuals.

Some may be more flexible and allow properties in need of repair as long as there's a plan to generate rental income.

Agents can host an Open House and allow potential Buyers to walk through without having agreements in place. 

This means having to take a chance and take the property off the market for 2 weeksOption 2- Accept the offer with a provision that allows you to continue to market the property, knowing that there's a chance FHA may not fund the deal. 

I decided to buy the property from my grandfather using a gift of equity, which allowed me to take over ownership without having to come up with the full down payment and pay for the tax lien and his closing costs.

Will the lender require 25% down, or will they allow cross collateralization with your existing equity positions?