You could potentially shore up the loan by adding additional collateral (even if it's in 2nd position behind bank loans) but it's still pretty risky when you aren't knowledgeable about this type of project.

G'Day Elvin,I could write so much here but will just let it be.I suggest staying very hands on and super super diligent.Keep us posted on the performance of your portfolio.Wishing you the best

Here are some specific questions I have, but any additional information is welcome:Safety and Community Feel: How do locals view the safety and overall community vibe in Pine Hills?

I highly suggest that you find your buyer first, know what they are willing to pay for it, then negotiate with the seller to a lower price. 

I suggest you just have your PM do a better job of screening.

Looking forward to reading some of the responses.While you wait for recommendations, I suggest using the search icon to look up "rentredi" and "hemlane", another platform for PM that has a feature for maintenance coordination.The search results will show past forum posts where members chime in on the subject.

Additionally, I'm open to training as an agent while pursuing my degree.

So, you are building wealth through equity as well as your additional cash flow.

Michael I don't think Nathan is suggesting a Dave Ramsey approach.