I'd stay where you are and use your savings at EOY.I've never sunk tons into a new rehab on a rental. 

Our friends just suggested we looked into series-LLC- I'm going to research that and see if that's a better approach going forward.You can do a reverse entity search and find the owner of any LLC in Iowa- so you can "kind of" stay anonymous, but not all the way. 

I try to line up several showings in one day while I'm staying busy cleaning or repairing.

For that reason, this thread will take at least 6 months to complete, but stay with me.

How much funding (if any) did you use to get started or stay afloat during this time .

@Grant Rothenburger i hope outsiders stay scared for a few more years.

Of course, we allow them stay free for 2 days.

I would very strongly advise you stick to providing rental accommodations and stay out of the playground business.

I'd add that you want to find ask about average tenant stay, and average turnover costs including expected vacancy time and repairs. 

This inherently makes me worry about you getting unmotivated to buy your next one since this one likely won’t cash flow much per month, BUT if you’re patient and understand the purpose of the investment then this could still be a great deal because it will lead you into your next property where you cash flow much more.Like: So this deal doesn’t really fall into the normal type of property that I invest in because there is a lack of cash flow per month, but stay with me for a second.