Interest rates are at all time lows and the federal reserve has already adressed the plan to raise rates in the next 3 or so years.

I just feel blindsided by the amount of the fees as I knew there were going to be fees, but didn't do my due diligence to confirm the amounts, prior. 

The house has been remodeled in 2016 when However, I didn't find it from the local county sale list. https://www.ashlandcountysheriff.org/property-salesAfter a quick research, I found that Auction.com has a reserve price for each property on sale, and it will be automatically relist if the sale price is not reached to the hidden reserve price. 

I'd probably try something like 'Hi Tenant, received your latest rent check which came from 'On behalf of Tenant' and wanted to confirm you were aware 'On behalf of Tenant' is paying your rent?  

I’m trying to build momentum so it looks like hard/private money and/or equity deals is going to be the sweet spot for that, i’m just trying to avoid putting 20% down with a conventional because i’d still like to have reserves for my other rentals as I grow and I want to have as little money of my own in the deal as possible.

He had to cancel all of his reservations until he can get an electrician.

That would be my biggest concern, since you only have 1,800/yr of Capex reserved.  

You need to ve prepared for high CapEx, the "rehabs" in the area are really bad.I would recommend going standard not FHA, and gave a good cash reserve otherwise you will be in trouble

Some people are very good at budgeting and can likely keep their capital reserves tighter.  

@Mike ReynoldsAny property to cash out many conventional lenders want 6 months - condos also need to review condo docs etc to confirm it can be financed.