But, personally I wouldn't start the renovation until I'd had done a background check on the person who lost the property, to see if they have other assets they could sell to redeem the property or relatives who might help them out. 

Please also feel free to bring an investment, personal financial dilemma, or strategy question, and I am happy to discuss it with you... for entertainment purposes only.

It could also be that your rehab/finishes/curb appeal are not up to local standards to attract the buyers but price overcomes all objections.What can you do now and next time?

i showed this home to another person first and thought it was a nice solid house and decided to buy this. price was good at the time How did you finance this deal?

@Scott EwellLeveraged vs debt-free is a personal decision to some extent.Leverage will give you a higher ceiling on your investment, whereas debt free provides the lower floor.While I can't say which is best for you in particular; I can say that, in my experience, every majorly successful investor I've come across uses debt in their strategy to some degree.

Unsecured debt, either to you personally, another partner to the project etc. - based on personal Income, Credit, DTI, etc (1-8 days)3.

So you may be looking at a failure to communicate, that's where I would start, schedule an in-person meeting.

Person initially said I work full time.

I’ve been told if you personally close your own account it will affect your credit, and that if a bank closes your account due to inactivity, it does not affect your credit. 

I personally think out-of-state investing is a top choice.