It's important to analyze what went wrong to avoid making the same mistake again.I see a lot of new investors spend their very last dime purchasing a rental, then they have no money available to cover unforeseen events like what you experienced.

While this works in certain circumstances (IE you are buying under market value and rehabbing to increase to full market value) it will not be as simple as putting lipstick on a pig and commanding a higher property value.

You can imagine moving is not fun under those circumstances. 

This particular property has special circumstances.

Seek for regions with robust labor markets, expanding populations, and advantageous economic circumstances.

It's a no under all circumstances.

Under no circumstance should you try to enter unannounced or without his understanding. 

Timing the market in real estate is no less futile than the stock market.Sure I wish I bought in 2020, but remember one had to be pretty ballsy to buy in 2020 given the circumstances.

Circumstances have changed my life path, and I plan to succeed in this new venture.

Circumstances completely out of the owners' control...I share this because it's not something you might consider when innocently renting out an Airbnb for some passive income.