Over all, we think our first rental property has been a great "getting our feet wet and learning" experience and we feel fortunate that we can sell for break-even or even a slight profit.  

@Angelica Osusky wow that's very fortunate for you.

Welcome, @Timothy Neumann,The important thing to remember about any get rich quick seminar:If it really did work, the guy hosting it wouldn't be doing seminars, because he'd be out there creating another fortune really quickly. 

I think it is very fortunate you are in this situation!

I fortunately live in the North San Diego Coastal community of Leucadia and I can tell you that what @Ronald Bourgeois has shared with you is certainly not a fit for this area.

I explained my full situation and fortunately they were very understanding.

I've been very fortunate to save up some good capital and have finally started looking at houses.I actually just put an offer in one today... we shall see what happens.I'm eager to learn!

Seller owed 150% of our agreed sale price in taxes, fortunately found out before I was too far along and walked away.   

Un/Fortunately it is a small amount of money and not worth going to court for, considering the signed lease showed what was agreed upon.

Fortunately, HomeSuite focuses on 30+ days (thanks for the Summit shoutout @Ariel).