I work out of town 1/2 the time so I do STR out of my unit and long term rental out of the other unit. 

The land has RR tracks on one side which make me doubt trying to reestablish a HMP. 

If you have them doing workouts, check the notes but also call the #.

After closing, I went to talk to the man to see what we could work out.

This article, it talks about how he walked away from the house so I tracked him down to his parent's house and made an offer on his house.

All the hard struggles or decisions that had to be made and what really helped fast track you to getting into your first investment home.

If this is the first of many and you want to use this as a possible track record then the importance of going through the PPM process and having this easy one (using this term loosely) under your belt to be able to talk with outside investors(or even the friends and family people you do not know of your friends and family) they can talk about the job you did and have the beginnings of a track record.

Maybe you can work out a deal where the pre pay is dropped if you refinance in house once the property is stabilized.

If you have a team, portfolio and track record then you send them information on that but that’s about it.

I believe you're on the right track.