I have a lot to learn about money but I am good with analyzing numbers...I think I will be a classis case of analysis by paralysis when it comes to Real Estate :)

There is a lot to learn on BP, so just start reading.

@Lora Hish for numerous reasons the property needs to be owned by an LLC.

I have done this numerous times with loans for operating capital, or loans where individuals did not want their funds returned after the sale of a specific property.If you have a different free and clear property, you could secure their loan with that, or any property with substantial equity, could even be your personal residence.

While I don't think your intent was to bash on us and I agree with a lot of the comments you made I've had numerous renters whom have made me cry because they got the house they wanted and wanted to thank us for giving them a chance.

Knowing I am helping inspire others really means a lot to me.

I have a lot to learn. 

There are numerous people on BP flipping in the 150k range because their market has an abundance of outdated/cheap houses, a stable mid-level economy with low crime & low unemployment, and a premium of buyers that want updated homes. 

He has told his property managers numerous times and they say they can't (or won't) fix it because the problem is on the neighbor's property.

Based simply on this statement, you have a LOT to learn...You mentioned in the other thread that the purchase was $1.5M and the ARV was $3.5M.