My daughter adopted a stray pit bull that was hanging around her college soccer field. 

Way too many oversell the ARV, undersell the rehab, and frustrate homeowners by putting their home under contract, then not finding a buyer and leaving them hanging. 

It sounds like you know the right answer for yourself and maybe hanging onto the existing townhome/mortgage might be best just from a monthly cash flow standpoint, right?

When I see the words, “Commitment Fee,” I sometimes wonder where the commitment is from the lender to show they can follow through and not leave a borrower hanging.

And if the factors are "curable," then cure them, if incurable, you can either hang on for the ride till they get curable (if that is possible), or you can dispose of the property, hopefully not at a loss.Ok, that's all I got for now.By the way, this should all have been done BEFORE you bought the property.

Keep hanging out here to learn from us.

In Colorado you get your Real Estate License on your own then you "hang" it with an experienced broker.

I farm my own data, so I only invest in the 'low hanging fruit'.

Just need somewhere to hang a license. 

Just need somewhere to hang a license.