If you're wanting to syndicate it I'd say move along because there would be no room to pay investors.Were you looking for value-add or a yield play?

At 8% that takes $112 per month off your cash flow for a negative $2 in cash flow.Captured EquityIf the house is really worth $190K and you can buy it for $165K with a $40K down payment, then you have a 62% equity gain from the start.Given the above scenarios, this doesn't look like a cash flow play.  

So if you're truly playing catch up on retirement, you have your precious capital in two buckets:a) equity in the house earning 4% onlyb) REI earning 10% +Then, it's the same argument on prepaying the mortgage ....you're sending a couple hundred dollars to the bank to avoid 4% interest.

See NC REC case file D13-0168 for the grotesque details about what happens when a state governing body hands a convicted habitual felon a license to continue to steal from the public. 

We like large value add plays in these markets and very active in the DFW area.

I have made things "work" for a while now, continuing to learn as I go, but I keep running into property management that gives me bits and pieces of info and insists that my units are "difficult" to keep renters in.

But that I would continue to market and show the property.  

I will continue to study up and hopefully be in a position soon to purchase the right investment. 

I'll continue to look but now for non auction homes.

I appreciate the responses and they are very helpful, want to navigate in forum better before I continue