Refi the property to get your initial 70k back.

The initial heartburn of lost reviews will likely be negated by more bookings (because guests don’t often like booking from large companies like Evolve) and hopefully better reviews with you as PM.

That was my initial plan when I first started investing, but I was having a hard time finding a four unit.

Instead, an individual should strive for self-growth and initiative and be aware of how they can add value to members of their team or those who have helped them.

Counselor called it the most extreme case of rebelling he had ever seen after initially questioning the issue due to our sons accolades/accomplishments. 

Congrats on taking initial steps for getting invested in Philly!

I actually had an initial phone call with the co-host that ended up lasting an hour because he kept giving me tips and local knowledge.

Scope creep is a huge problem and the more you learn up about the project up front, the easier it is to figure out what actually needs to be done and avoid surprises (or pass on deals that need more than you initially think): https://www.biggerpockets.com/blog/due-diligence-ultimate-gu...I highly recommend building a contingency (I do 20%) into your rehab budgets for unexpected issues.

This of course depends on your starting bank roll - but if its like mine (under 100k) - Im trying to put as little as possible into it on top of initial equity and fees.this will likely chew a big hole in your ROI  (now if you are looking to improve value with a cash out refi or a great prospect comes along that needs combo new plumbing, roof, windows, foundation repair, etc - well just make sure you know what youre getting into and/or have a good contractor and finger on the pulse of the market when estimating the ARV YOURSELF - couple missed items and you risk having a bad first investment and not doing it again).    7) dont be scared be ambitious ( i should heed my own advice sometimes) 8) define numbers goals within your target areas.  

We’re open to considering Section 8 rentals if they align with our goals.Our initial plan is to purchase one or two properties outright with cash, although we’re still open to financing options if the right opportunity arises.We’re planning a 1- to 2-week trip soon to explore Indiana and get a feel for different cities and neighborhoods.I’d really appreciate your honest feedback.