If I find a handyman or contractor doing, I drop them and look for another one. 

Once the balance goes down to 80%, PMI is dropped and no longer required.  

Many conventional loans allow you to have just a 15% equity stake if it's owner occupied and the mortgage insurance automatically drops off at 20-21%.

I rarely see this tenant.. he uses drop box for rent. 

So my rate basically dropped to $267 a year.

And they go to court at the drop of a hat, or credit check as it may be. 

My question is why not entertain the idea of seller financing when theres no mortgage on the property and you'd still be getting the payments (potentially the same amount as a lease option), but you're giving me the option to drop the property back on you when you want out of the game now??

It needs a lot of work but the price just dropped from $37K to $35K & is Broker owned.

The price has stayed the same through the 2015 assessments.That's scary to think one year your property is at its peak and you're thinking of selling, then  a new assessment comes in and drops the total assessed value by $30,000.I understand that the assessment is not what drives the price but some people (hopefully many investors) give it a look when considering a property.This also seems to be consistent throughout the small city of Warren - not specific to 1 property.Thoughts? 

The price has been dropped twice from 300k - 285k and now 260k.