We have loan contract and it was supposed to be a quick loan, however the person failed to continue to pay after they made second payment. 

Insurance is great, but just wait until you have to deal with them, they are quick to take your money and slow to pay out in a large disaster area.

@Kevin Drouillard Without seeing what your rental listing looks like I would say no/bad photos is a good reason that a place might not get rented quickly.

@Sarkis Gezalyan, The 2% rule is a quick way to get an assessment of the potential profit from a property.

If they are professional, they can explain this quickly and easily.

(interior at hot water heater)$55 + 57 for the meter(S) and 900 for the 3g data logger, which is 20-30 per months for 3g service. 150 setup fee for customer billing management and a kick back from the tenant of 5-10 for convenience fees.

If I was going to self-perform the work I wouldn't be so quick to want them removed as I would have some more time to possibly work something out with them.

As i said before he just called me saying he is in a bind with onother property he's trying to get ready that seems to be more important than this one, so he's willing to sell for a lower price than he has it on the market for. he said he just put it on the market yesterday but thats gonna take too long to process he wants to get rid of it quick since he's trying to finish up the next property that will make him more money.I went by to look at the house its in great shape, great neighbour hood.And i was planing on flipping it to a cash buyer so was thinking to negotiate a deal with the seller so we could all gain something from it. 

When time comes to run a quick analysis on the numbers, they don't make any sense.

thank you for the quick and straight forward reply!