Even if the rental has a decent cash flow with additional flood insurance, we're still not sure we want to take on that risk as we are out-of-state investors (planning to move back to KY in the future, but not now) and we don't like that it will potentially bring down the perceived value when we try to sell it in the future.The seller has never lived there and has not provided any information on if it has flooded before or not. 

HIs time is up and he has given up (stopped eating and moving). 

As a result, I had to move forward with a septic replacement.

That's me, I would move onto the next applicant.Filing bankruptcy only protects those who file.

They survived Walmart groceries and aldis moving in because they chose locations near bus routes and had large stores.

Looks decent.Some things to consider:Holding Costs - you will be paying your HML interest only payments for however long it takes you to renovateA Full Gut for 60K seems too good to be trueRemember your ARV / Refinance interest rate are moving targets.

I use eforms.com for all my contracts and smart move for all my background checks.

Quote from @Themis Kosmidis: Hello everyone,My name is Themis Kosmidis and I have recently moved to the Cleveland area.

You can likely still sell the house and move on if you need to.

If you can’t increase cash flow or refinance soon, selling could be the right move.