I can't refer you to a particular one since I personally am not investing in one of them, (so I don't know their returns or safety) but try looking in the Dallas Texas area for funds that are related to Multi Family.

Let’s say we sell R and after the sale related cost (commission, closing cost, remodeling before putting it on mark, etc), we have $325K (part of it has been used to paying off the loan of course).

I have had as rentals, and back when I was that age lived in places that were 3/1.5 and it worked fine. 

I can relate since I was a PM in the hood for 9 years...You know people really care when they know you care..

I've found several of these situations and feel there is equity there to be discounted, since they're not completely underwater relative to ARV, so I'm just trying to figure out an angle. 

@Derek Luttrell besides an inherited tenant not paying a months rent and leaving the place a relative mess, he’s been fine.  

I use it for project/task management at my non real estate related job and am planning on using it to stay on task in my real estate endeavors.

Buyer paid all closing costs, including owner-finance related docs (e.g., note).  

Definitely start jumping into the community here and feel free to ask any questions related to Real Estate investing!

I definitely went higher on the maintenance and capex intentionally due to the age of the property but depending on what types of renovations would have to be done, they could be lowered.