Not interested personally.. but it is an option to trying to wholesale and failing miserably at that.

Ultimately, the best market for investing under $250k will depend on factors like your risk tolerance, investment goals, and personal preferences.

It can take a little digging but they are not that hard to find especially when you have a solid network of other investors, wholesalers and good investor friendly agents.Location is going to play into all the things you have to worry about in terms of rents, sale prices, crime, STR/LTR.Do you have a specific zipcode or area you are thinking?

If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.

I personally have a very strong reputation in the Detroit market as well as here on BP.

You have to get the person face to face.Creative deals are negotiated. 

Quote from @Russell Brazil: In the future, do a court records search at https://casesearch.courts.state.md.us/casesearch/If you had done that, you would have seen they have 8 failure to pay rent cases against them.I am curious Who did the initial check on this person?

Is there a specific name for this person or could it be anyone in the bank? 

If you get a bad tenant, the rest of your tenants have to live with this person until you can successfully evict them.

It all depends, this is why I always review potential client's books what is the best course of action.I personally do not like QBO for real estate (I make it clear in all my posts lol) I just renewed my certification just because most people can't afford the PM software with accounting such as AppFolio and Yardi.