You can sell it and take the profits so you can start doing more deals or keep it in your rental portfolio (hopefully in a couple of years you'll have more money saved so you can do more deals).

Maybe bird dog and find deals for them and get a piece of the profits.

Although for many this may seem as "competition", I don't believe the margins on the properties they will be offering will be large enough for investors to even consider.

Listening to Brandon's Podcast here makes me think that i need to buy a property that is falling into a sinkhole and covered in black mold and then get my "Justice League" of contractors to fix it up before I can make a profit off of it (using the BRRR strategy).I desperately want to jump off the high dive into real estate investing but Im deterred because I dont want to buy a property with more cigarette smoke damage than a 1950s casino.

Listening to Brandon's Podcast here makes me think that i need to buy a property that is falling into a sinkhole and covered in black mold and then get my "Justice League" of contractors to fix it up before I can make a profit off of it (using the BRRR strategy).I desperately want to jump off the high dive into real estate investing but Im deterred because I dont want to buy a property with more cigarette smoke damage than a 1950s casino.

Then you write off (or depreciate, as appropriate) their value, plus you have a (marginally) smaller loan on the house, which means less interest paid out, etc. etc.  

A part of me wants to flip this at a huge profit just to prove my arrogant uncle wrong.

Your offer should be based on the profit or ROI that you deem acceptable.

There is not huge profit for lender to finance small loan amount.

Another with a small profit.