Im thinking about paying the bank the 50lk that we owe and the taxes.

Up to the investor to decide what it is that they want to pay for.

Option 3: Pay large down-payment on modest rent ready house. 

And, it's amazing how many closing costs are junk fees that we as investors need to pushback on paying for ourselves and our clients.

Quote from @Sarp Ka: Quote from @Patrick Roberts: Am I understanding this correctly that youre expecting to get a $700k property for $500k because youre paying cash?

That means paying all cash isn’t an option unless you plan to bring another $600k to the table. . 

•Business Cards & Branding: You can list both services, but if you want to avoid overwhelming potential clients, consider having two versions—one focused on PM and one on real estate sales, depending on who you’re targeting.Best Way to Generate Property Management Leads1.Target Landlords Where They Need You Most•Most landlords seek out PM services when they’re in trouble—tenants not paying, evictions, property damage, etc.

In the “old” days, people would have the seller pay the lender so as to not “alert” the lender that a property sale had taken place, so that the lender def wouldn’t trigger the so called “due on sale” that’s a part of almost every mortgage or deed of trust document.  

I used $80k to pay off personal debts and $50k to remodel it by myself with my two hands.

Tenant covenants and agrees to pay interest at the maximum lawful rate or eighteen percent (18%) interest, whichever is less, compounded annually, on all unpaid Rent, damages, and other amounts owed by Tenant, excluding late fees, from that date of Landlord’s final accounting until such time Tenant pays all such outstanding amounts.