But because I didn't put enough work into my campaign. 

However, I like that there isn't a lot of work to do and I could still make the property really cute with not much risk.Inventory is so low.

@Omar PietersA few things here.The 1% rule is thankfully not a rule otherwise most real estate investments in the US and many other parts of the world wouldn't work.

If you take another loan on it you're getting your 25k back plus 50k to work with - if someone told you that you only use your own money once, they were lying or using housing crash numbers. 

I work closely with one here in CA where I found him working on my investment property's neighbor's house.

This will give you clarity on the numbers and help you determine how to structure an offer that works for both sides.

On balance I have made way, way more money from appreciation that I ever did from cash flow.To me the most important consideration is to always have money or access to money, never be forced to sell.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

Did you have a clear detailed scope of work? 

Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!