The title company probably requested a payoff and had not received it and then got notified of the lis penden.

You can find higher ROI (on paper) here and probably in other cities…but the probability of actually collecting rent significantly decreases.

That’s probably exactly what I’ll do.

Also, you should probably start connecting with lenders to see what loan options and amount you qualify for. 

E&O probably isn't needed unless you are offering advisory services. 

If you have ever learned something important by trial and error, then you can probably understand the frustration that you feel when you make a "rookie mistake" or a simple error that creates a big negative result.

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.Section 8: Rents are too high for the program and cash paying tenants are better overall.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 yearsSection 8: Rents are usually too high for the program.Class C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.

I'm thinking I should probably let it go to someone that knows the game little better! 

In hindsight, I probably should have rented the house and held it for a few years through the boom of the early 2020s.

I think buying points right now is probably a bad idea.