Remember, there are numerous deals available, and although I'm not deeply familiar with the Columbus market, I believe you can find a more favorable opportunity with a positive net return.If your primary objective is passive income, as indicated by this scenario, investing in the S&P may indeed offer a more passive approach.

Build up that war chest.

One convenient method is to visit investorlift.com, where you'll likely find numerous wholesalers listed on a single platform.

You may want to consider pricing it under market in order to get a bidding war.

Especially now that there is a war on landlords. 

I would not converse with tenant in any format, as things could end up in court, if he declines to leave and has to be evicted etc. also don't confront in person, you said he is MMA fighter, good rules to live by include : Never get involved in a land war in Asia , and never anger a man with Cauliflower ears.

If you want to talk risk, put down the PE talk for a second and look at commercial real estate, inflation, higher defaults, forever wars, growing china dependence and the economy and tell me that real estate would not be effected equally across the entire board when the house of cards fall, yet dividen stocks (this is a fact) tend to out perform the rest of the market due to hardships not really keeping people from drinking coke and eating at fast food chains.

Definitely looking to stay away from the war zone and above the 40. 

But generally, if the payment is always made on time, there isn't often a problem.Are there numerous reasons payments end up being late, there are.And have irate sellers been known to contact their lender after a few months and demand they be taken off the loan?

Books have been written on sub to; numerous mentors including one that’s constantly “discussed” on BP.