@Jason Piper It is a little difficult to make a full calculated decision since I don't know how much money is in the deal and when additional rehab was done in the exact year.

I have a friend from high school that builds tiny homes full time.

You can possibly work with the seller and put an agreement together that if you pay the deficit in full and whatever they want on top of that amount then you can take ownership of the property.

I have found most management companies take 10% rent plus one half to one full months rent amount when filling a unit.  

They also tend to be really old and full of lead. 

I hope he makes a full recovery.

We both work full time, so I think the downside I need to consider would be a slow down to our ability to save and calculating the opportunity cost of our savings.  

Had a full price offer day one, and 10 people show up to the cancelled open house.

I work full-time and my wife stays home with our three kiddos so the idea is to be able to do things on our own time, make offers, check out properties, etc.Local REIA meet-ups are definitely on the immediate to-do list.

Employed "full-time" but my work schedule affords me a significant number of days off, and I have the skills and capability of doing most renovations myself.