It sounds like you have a contract, but my guess is that it wasn't clear enough, and didn't cover some of the potential issues that could arise. 

Oh, primary house is in a flood zone and we had a major incident during IDA but our house was raised so meant to deal with floods so no damage but more a pain in the *** so concerned about dealing with that with renters or if more climate issues happen, could impact future value of the home.Would love any thoughts or ideas!

@Kofi ThompsonTwo issues to deal with1.

A 1 agent sale is being considered as an option the only issue is how to keep the agent unbiased.

Sounds like a hard money lender that wants to take a property from you when you default.There's a lot of issues here starting with a guy that will loan you money and once it gets difficult wants you to abandon ship- red flag.There are a lot of unknowns here but trying to dump it seems like a 100% guarantee to lose money.

I've been relatively lucky so far considering I jumped in without completely knowing what I'm doing.Sincerely,Drew R.

They should be issuing you itemized statements on a regular basis that will break down maintenance, management, utility costs, rents received, etc.

@Lloyd Schroeder and all others wondering on this issue for the St Cloud area. 

Therefore, my cost/profit stays relatively stable even if the 50k estimate becomes 45k or 60k. 

Texas is notorious for foundation issues so pay attention to that.