On time payments, late fees, damages, pets, who lived there, dates, amount of rent, and the secret weapon only if they ask (would you rent to them again?)

Not fully understanding that an appraisal was needed to tell me the value of the home and nearby comparables before I bought so when I went to refi the bank ordered an appraisal which came back at $42,000 so with the 20% down I put that made me owe $28,000 and by the time I cashed out and paid fees I wouldn’t even be ghetto g what I put in backSo I did the only thing left to do was to rent it out using a property manager and cash flows $500 cash flow for a yr but the last tenant moved out and it’s been vacant for the last 6 months.Should I sale or any ideas on how to get this home rented out cause I’m coming out of pocket the $248 for the mortgage and it’s becoming a financial problem 

My property manager charges 10% management fee (range is 8 to 12% Indianapolis area).

I was thinking about structuring a deal as follows:he owes the 1st mortgage $211kI was going to go in and give him $5k entry fee at the sale price of $235k.I need about 5-6 months to rehab the property, list it, and sell it off for the projected 375k.any guidance on how to structure this would be highly appreciated as I want to make sure that when this property sells he is only entitled to the $235k price, which $211 will be going to the mortgage pay off and remaining in his/and his future ex wife pocket. 

However, due to short seasons, and more mild winters, I'm struggling to think even 3-4 years from now that I'd pull anything more than $50K a year in rentals.Bills / property taxes are about $12,000 a year.The thing is, being single, and not really dying to work in this area (small town), I'm feeling rather stuck, as is all the equity.I'm currently not working, but very much want to move back to Chicago, a place I love, and start buying cash flowing properties.I'd suspect I would have about $900,000+ after all is done if it sold at $950K, considering the vast array of other things I've accumulated (wood splitters, machinery, tools, MCM furniture, rugs,).

I keep doing the numbers on properties purchase price of 800k-1.1m and monthly profit after management fee, mortgage, etc comes out to be on the lows $500-1000 any tips?

The foundation was not good, requiring pulling up the hardwood floors (that were beautiful) and replacing the subfloor. 

Damn - so new builds going for 50k less than yours, plus realtor fees when you sell - looking at 6% so 25-30k.

You may appoint yourself, or yours truly, Noah Laker.STMD (Sacramento Tourism Marketing District)Every STR operator within the city also needs to pay an STMD assessment fee.

It is a literal cost to the lender - and most of the loan documents I’ve seen (done professionally) say that a borrower will repay fees incurred by the lender to safeguard the property.