I would withdraw my offer immediately and look for a new renter.

I was spending hours analyzing deals with a W2 job and all the money I spent on appraisals and inspections on offers I made became too much.

I use to offer either 60 or 70% of the money.

Here is what J Scott had to offer on Zuck's quaint alternative social media site. 

Hello,  I've been putting offers in on for my first rental property (single family homes out of an HOA).

This is gives me a better insight into the real real estate investing world instead of trying to do it on my own based off of what I have read!

The high vacancy rates in apartment properties in Memphis may be due to economic fluctuations and demographic shifts; however, they create a favorable environment for potential renters to find affordable housing and for rental owners to innovate and improve their offerings, ultimately contributing to a more dynamic and resilient housing market.

Lots of moving parts...and it's wonderful to be able to start with a blank canvas and design exactly what you want to build (as opposed to retrofitting based on the restrictions of an existing older structure).  

Purchase price: $490,000 Cash invested: $61,000 Sale price: $649,000 Nestled in the highly sought Silver Sands neighborhood of New Smyrna Beach, this 4-bedroom, 2-bathroom home offers the ultimate coastal living experience.

@Jay Hinrichs So would it make sense to use hard money or private funding to actually buy the property, only to directly wholesale the deal (If it is a great deal based on the numbers and such)?