What is worst is when they run out of time on their current hard money loan and are paying penalties/very high rates for going past the maturity date. 

However, I'm really interested in what an investor would be willing to pay for it given they can rent to 2 different families

Cons:Lower Cash Flow: Properties in cheaper markets often have lower rental yields because I have to pay taxes, insurance, CapEx.Market Risk: Cheaper markets might be cheaper for a reason, with slower appreciation and higher vacancy rates.I won't fix my foundation.

Save and pay down mortgage to 20% equity ($292,000).

The first property will cost:$400,000 x 25% = $100,000Due to rapid appreciation, you can use cash out refinance to pay for additional properties.

I hired someone else to work on the project, and I am okay with paying him in full and just moving on to the next project.I have already paid him ~300k, and ~40k of the last payment is remaining.

Hi.I have a tenant that she hasn't pay the rent for JULY yet.

And finally how do we even know if you really are an investor and if you really lost any money and how much.. there is another thread on BP where someone like you ( major bone to pic) started flaming the company because they could not pay their interest payment or get a redemption and it boiled down to that individual had a 5k investment total ..

Are they paying market rate?

I live in CA, and am paying a local property management company to manage tenants and repairs.