I will also let you know about the outcome. 

I hear too many horror stories about these deals where investors are now dying to trade imaginary cash flow for stability. 

We would manage the property and handle repairs, I have all of the right connections in the trades and can fix the minor things myself.

What was the outcome?

What was the outcome?

10% down conventional loan What was the outcome?

Generally, you should 1099 each independent contractor whom you pay $600 or more in cash, check, or e-check/EFT during the tax year in the course of your trade or business.There are exceptions to this general rule, and it's important to understand what makes an activity rise to the level of a trade or business.You'll want to consult your tax advisor for the deep conversation.

. $2000 is a lot of money but if you spend close to that evicting then add to that amount the stress and grief you'll be dealing with in addition to holding costs on a non producing property that you can't work on, it makes the two grand a fair trade for freeing you from all that.

What was the outcome?

Not looking to waste anyone’s time, just would like to trade value.