It was a horrible financial decision (no mortgage interest to write off!)

@Bob BowlingSo to address the topic with a question: if you can get an Indy property and fix it up right, all in for 50K, that rents for $750 in a neighborhood that never goes unrented, and assuming that half of your monthly rent amount is eaten up by all the expenses involved (so you're left with $375 net), what's so horrible about that?

As a newbie investor this is a horrible first experience.

It looks like you took a horrific listing and updated it to horrible.

I am trying to sell my home...high end on the north side...and the market is as horrible as it has been in many years.

., it's not that horrible of a thing to deal with. 

CMHA is horrible.  

Not saying it's a horrible choice, and the underwrite is considerably simpler than FHA, along with a probably more generous appraisal...Still no free lunch, unfortunately.

Thanks, Name+name of cocontact info(mobile+linkedIn)Horrible.

I've decided it is time to cash in all my chips in that horrible city and take my risk else where.If you do decide San Bernardino is right for you, the first thing you should do is go over to Bass Pro and pick up a 12" Mag Light and a nice hand gun.