U just need a set fee.just like when realtors or wholesaler want to sell low value assets they put a set fee on it.so take a 40k loan how can anyone stay in business at 2 points and few set up fee.s  that not much more than 1k.. and if the loan went bad you would be out a ton of money..  

you don't have any expenses itemized so I don't know your U/W but when I see a property with outsized gains, for no apparent reason, then I know the reason is offset by appropriate increased risk.

but the answer can varie depend on the price u got it. sound like a lot of cap ex need attention   THE MOISTURE is moore  concerning wath if tenant learn that he as been living around moisture for 6month or wtv.

@Enzo Pazos: just sent u a pm.

Just reading an article today in the wsj: https://www.wsj.com/articles/u-s-existing-home-sales-dropped-in-september-1539957950?

Only thing though U want to do this through title at least pay for a title report when you do a deed in Lu your taking title subject to all things on it.. and there could be junior liens or loans to you.. that if you carry through with the foreclosure they are extinguished.. so do check first.then if that's clear make a deal with the first.. your either going to end up owning it.. or maybe the greater fool theory will play out and someone bids it at the sale and makes you whole.. or you can lower your opening bid to make it enticing. you don't have to start your bid at 1oo % of what your owed.. during the crash I did this often I knew at 100% of what I was owed I would end up owning it.. and having to deal with it.. but if I lowered my opening bid to just get my principal back many times it sold a the sale. and I did not have to deal with it past that..

If you're paying $700 a month, you get pissed and do everything u can to prevent getting dings.So the real value of section 8 vs not section 8 is the tenant and wear on your property.

U know I can and will ask the lender but curious if any other veterans have done this.ThanksPete

Should be able to but again...where u are or it is makes a huge diff

Not sure that helps but if u can get a degree while getting a real estate license like I’m going to do why not?