Unless you're able to save to double your downpayment to $100k plus it might make sense just to engage in these markets you outlined and see what's available that fits your criteria.

You develop a solid business plan that outlines the order to go in but to be successful you will need more then one line of income and a logical way to upscale.

@Anthony Theokary, there are plenty of reasons to self perform but the reasons you outlined are not sound reasons in my oppinion.

By following the strategies outlined in this guide, you can create a compelling and informative real estate listing that stands out from the competition and attracts more potential buyers.Remember to write a compelling property description, use high-quality photos, provide accurate and detailed information, use keywords for SEO, utilize virtual tours and videos, and use social media to promote your listing.

clearly outlined in your operating agreement.

Analyse each option's compatibility with your risk tolerance and investing goals.Exit Strategy: Outline your exit strategy for both scenarios.

@Becca F. thanks for sharing our content:)@Paul Merriwether what we outlined for Property Classes, we noted is our opinion for the Metro Detroit market.Also in our opinion, the main issues that affect SFR Property Classes:1) Tenant Pool: this is the MOST important as tenants dictate everything!

I have been able to find sellers by looking for similar properties to mine and hand write “I want to buy your house” letters, outlining the benefit to investors of seller financing.  

You should receive a comprehensive written report that outlines the methodology utilized in the appraisal along with the analysis and final determination of the land value.While an appraisal report is the preferred method for determining land value, it is not required in order to perform a cost segregation study.

Perhaps you are eager to move on from this property (emotionally) given the history, but given the facts you have outlined-- it seems like a fortuitous asset to stand by :)Hope this helpful and good luck!