I would argue that excessive holes isn't expected in a property, some here and there are okay, but when you have dozens on walls, that's excessive.My question was focused on the seller's making the claim that these were pre-existing, yet no evidence was provided at closing or anytime post-closing that these were pre-existing.

Hey @Rudy Munoz As stated above, doing a flip and putting cash in your pocket is likely your best bet if you have a bunch of other debts.

What is your best bet?

You can put the property into an LLC at any time.  6.

Your best bet would be to find a portfolio lender.

The asset is going to have more value than the debt, so at any time you can sell the property, pay off the loan and pocket some money. 

@Allison Hodges if you’re remote and don’t have contacts in the state to give you recommendations, google is probably your best bet.

If you find some properties 5-10 units see who the listing agent are, I bet you'll repeatedly see a few brokers a few times.

Your best bet is to identify a market you want to invest in, find a local investor friendly agent who knows how to find off-market deals and identify good on-market deals, and then hand off your properties to a good local property manager/contractor.

Anytime I was in cathedral area it seemed alright but not too familiar with it regarding crime and vacancy/turnover.