There is a lot of information on this site so definitely look around and read from other investors' wins and losses to learn through their experience.The two realtors I've seen do the best are @Jordan Moorhead and @Sam Steadman . 

Always prioritise making a profit otherwise real estate will be a major loss.

They've been considering selling off the housing to reduce their losses.

Have to be very active to get a much higher return and even then it’s sometimes better to co invest with people in the business as have less chance of failure and loss.

Buyers that can sustain that for 2, 4, 8 months are not typically inexperienced investors.We sold many properties with six figure income that had before tax losses - negative cash flow.

Education pays for itself many times over in preventing mistakes, misunderstandings, avoiding other losses, etc.Absentee owner properties have their value certainly, though wholesaling may not be one of them.

you must not fall off and be deterred - if you're the type of person who's used to being on a diet and falling off - your chances of sticking it out during this prep period are low, but you can do it.just think of the alternative - working for the man - depending on your gov't to take care of you and yours....forget that - stick with it - YOU CAN DO IIIITTTT!

If it rented for $1600 and your PITI came out to $1300, you'd be lucky to make $100/month after vacancy loss, association fees, and maintenance fees.

The losses you can face by renting out to "low quality" renters are way worse then having to find a new tenant.

Currently I'm THIS > < close to cancelling the deal and if I have to take my losses on the deposit I will, but at least I won't be stuck with who knows how much to pay off to someone else that may have an interest.