I'd also say that if we are to learn anything from the bear market brought on by COVID-19 it's that investing in properties with little $ down and little to no reserves is the single thing an investor must completely avoid. 

Corey Pogue at REIS brought me the deal and Jim Carlson at One Stop Property Management is still the property manager on the property.

That way you don't have to worry about maintaining it in multiple places and you can take advantage of their larger audience. 

They also state that the borrower will not be eligible for a new loan (purchase or refinance) until the mortgage is brought current and has had 3 monthly on-time payments.

Purchase price: $72,000 Cash invested: $86,000 Thie deal was brought to me and it was a home run (Or it should be).

Purchase price: $72,000 Cash invested: $86,000 Thie deal was brought to me and it was a home run (Or it should be).

Purchase price: $72,000 Cash invested: $86,000 Thie deal was brought to me and it was a home run (Or it should be).

@CJ B.I had a renter blame me for her roaches - that we treated multiple times and she brought from her previous residence.

They brought in tenants without knowing how to screen them.

You both brought up exit strategy issues, which is huge in this equation, along with the role B&M would play.