If they didn’t understand or realize that what they were investing in was not secured by real property, that’s probably because despite being ACCREDITED they’re NOT SOPHISTICATED.  

It sounds like you may not be cut out to manage rentals in which case you should probably sell.

I'm sure there are other similar services out there. 2) DSCR loans would probably be your best bet.

I guess had there been time I could have done it to assure it would be a deductible on SchE rather than a closing (basis) side of the house.Even if you performed the repairs, they probably would not have been deductible on Sch E anyway.

I know the larger companies around here were charging up to 25% but it will probably vary no matter where you are at.  

Had you left your 430k that would be worth about 1.3 million today probably.

that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

If you are just starting out, tax and foreclosure auctions are probably not the way to go for most people.

Between the main semi-monthly meetings and the various sub-groups there are probably 5-10 or so potential meetings each month that are strictly content and networking with local investors.  

You'll probably get some good ideas here, but I'd suggest talking to a real estate attorney soon and maybe run some of these ideas by them.