Again, not saying there is a right or wrong, it is just knowing what that mark up is.As for fair bidding: again, let's assume there is a plumbing issue.  

You also might run into issues finding anyone to do a closed end with less than $100k in equity. 

If anyone has any suggestions, they would be greatly appreciated.If you find a good team in Columbus, Ohio this should not be an issue

Bryce Muller posted a link to a site he made that addresses some of those issues at https://www.biggerpockets.com/forums/921/topics/1174578-migr...

Plus, I feel like if something goes wrong, I’m out of pocket to fix issues because the property isn’t generating enough to cover even a new a/c. my thought on keeping it was to get my feet wet and make my mistakes on this thing.

I just bought a multi family property in Syracuse, NY and one of the tenants is a real issue.

It's a 100 year old home so there may be continual issues. 

You want a desirable location plus with minimal sloping/grading issues and minimal trees.

This could potentially get around that issue.

The 2021 cap rate at that price was 3.5% though I expect lower now with issues and current expenses.