If you have that on your residence (your numbers are right around 20% down, so you may or may not), then refinancing it would be a good idea to 1. get rid of the mortgage insurance and 2.

You will gain more maintenance contacts for future properties and know who is good and who isn't.The most important thing is you will learn your properties so well that when you do turn it over to a PM you will know right away if something is off and be able to correct it immediately and/or get rid of an incompetent PM.

Sometimes it is not about the money but rather getting rid of the headache.

Now he says that he would take 80k just to get rid of it, but also last year he had a serious offer for 95k that he wasn't able to take at that time.

The 64% is probably the sustainable long term average once you get rid of the no money down and no doc loans of the subprime mess.

Maybe when I get rid of the 60+hr/wk job I can do the auctions etc..

If you did a poor job screening the tenant, it will be much easier to get rid of him or her. 

If I recall correctly, the VA is getting rid of their lending limits on Jan 1, 2020.

Does anyone have any strategies for getting rid or making a deal for a vacant lot to at least get the $49K mortgage. 

There was a thread just the other day about an investor who was stuck after numerous years with a bunch of low end units that he couldn't get rid of without taking a loss.