I am not qualified to make any type of foundation assessment but from what I’ve researched and seen in other properties, the structure seems pretty sound.

Sounds like it comes from a wily veteran too.

We are just speculating on the upward moving of this market because the house price keeps rising and there are organic factors that support it so in a moment we think negative cash flow can gradually be covered by picked up rising rental rate, but i guess its not financially sound on this deal

I normally only say yes to SFH's under certain conditions but you sounded like you have a few units which you need to lower any vacancy fear.Y ou could look at investing into commercial sized complexes where the value reflects the income instead of sales comps. 

@Eli M.The situation with your lender sounds a bit odd but I suppose different strokes for different lenders. 

Sound like a solid investment to you guys?

But nothing you described sounds like such a damage.

It sounds likely that you will need to evict, so be prepared.

Hit him up as he can explain it better than me but it sounded perfect for flips. 

You sound like you have begun a good relationship with yours already.