thats $116,161.92 total.  

I have searched and filled out endless online forms only to have lenders offer me unsecured loans or other products, but not a heloc.  

@Kerry Hermann We got our start in the western Chicago suburbs as well but are now totally focussed on The Shoals.

The investor then gets the property for a few percentage points of the total property value. 

He has an online network called Financial Friends Network.

Some numbers:Expected 2026 income after raising rents to market value and assuming 7% vacancy: $144k.Expenses: $14k property management, $18k property tax, $10k insurance, $10k utilities, $8k in repairs/maintenance/advertising/admin/etc: Total operating expenses: $60kNOI: $84kBased on 6% cap rate that brings the valuation to only $1.4m, or $1.5m based on 5.5% cap rate.

@Tony Schmucker if it were me, it would totally depned on a ton of differing factors that you may not be measuring (some outside of investment real estate). 

There are many resources for you to connect online and in person.

Not enough information here to answer this question accurately.Is the home a total loss? 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.