I am doing this completely remotely, which has been a massive pain/lesson learned (topic for another day).I signed a very high-level agreement (i.e. expectations simply say "drywall and paint") with him for drywall and paint work at my home for a total of $10KI have paid $5K as a down payment as well as ~$2K in materials over time, as neededThere have been multiple break-in's in the home, and he has done me favors of working with the police, and boarding things up.

Feel like we shouldn't be losing in property nowadays. 

It sounds like to need to get rid of this tenant.

Hey Weston, I live and invest in Columbus as well.

It seems like we could get a down payment for a new, cheaper property and some passive income while also saving the buyer money. 

I would like to continue to self-manage this property, but I am open to a management company.

I've heard of instances where I've seen the investor do well long-term and some where the investor has been able to build and sell or just hold and eventually sell if new developments are coming up in the surrounding area. 

Often we can get a bridge loan with cash back at closing as well as the remaining rehab budget in construction hold back in one loan. 

If you buy a property with 20% down, and the investment appreciates 5% a year and cash flows $200/Mo, in 4 years you'll have made over double the cash you invested.If you're looking OOS, prices in Columbus are still low enough to find 1% rule deals and there's a ton of appreciation happening in this market as well.

Yep seen them as well.