I have a property in Fort Wayne that I own free and clear.  

The cost will be more expensive and the LTV will be limited because of the risk if you decide to go the PM option. 

Do not want to put anymore capital such as a $140k cost of foundation further putting us in the red so considering selling this money pit as is or holding on for creative ways to make this house profitable.

Find one that can be custom to your needs, has flexible pricing, no long-term, high-cost memberships, and excellent customer services to determine how to best market to your leads.If you would like a referral code or more information please let me know :)

The purchase was $375,000 and the rest was used for renovations.My cost bases in the building will be around $740,000.I refinanced the building with a $900,000 loan.I have an offer on the building of $1,400,000Total capital gains would be about $660,000So, my question is after selling the property (for easy math) lets say I walk away with $500,000 after paying off the bank loan.

If you place the right tenants consistently, you will rarely have problems.Here's a detailed guide on how to screen applicants: Application Screening GuideSecond, consider inspections at least once a year, preferably at the mid-point so you can catch damages before they get too far.

Are you free to speak this friday at around 2pm ET? 

@Olu OguntoyinboInvesting in a multi-family property in NYC/NJ can be hard because of high costs and loan rates.

Most of the RE advice I've gotten is from networking with local and out of state investors, real estate agents and asking what they did and checking to see if I analyzed the deal correctly (rehab costs, etc) ... all free.

By combining our resources, knowledge, and expertise, I believe we can create a highly profitable and sustainable investment model.If you think we would make a great team or would like to discuss this opportunity further, please feel free to reach out.