If I were in your shoes again as a new investors I'd focus on two things:1. learn your numbers - you need to know the returns, expenses, financing, etc numbers that make a deal work for you.

Many investors have been in your shoe at the beginning of their journey, so the idea is to figure out how you can start taking action.

I've never been in your shoes, but I'd send the PM a letter, professionally describing and documenting all of the issues you've had, ending the contract in writing and respectfully requesting that they return my deposit by x date (make sure it's in line with what your contract says).

I always suggest people learn how to survive in REI on a shoe string budget.

Same shoes here: -lose your car payment and buy a runner for 1k -wholesale a house or two (get your first deal) -Reach out to local investors, network, ask for work -listen to the podcast, all of them, over and over (time permitting)

The next shoe might be long term US debt. 

No new clothes or shoes and learn to cook.

I'm also active duty military, and I was in your shoes about 5 years ago.

@Dennis M. gave the best description I've ever read of a "D" 'hood, he said: "It's just a short stroll down the littler lined street to the local liquor store".There have been 3 or 4 murders in the area in the last few years but they were domestic disputes not gang warfare.

Personally, in your shoes I would get it for 100k, do the repairs immediately, sell it for 170 and get a multi family home.