Walking the unit now, and me seeing damage might cause frustration on my end, and lead to an emotional reaction. 

Considering the fact that household debt levels are coming back to 2006-7 levels and retail is in the process of going down the drain, I think we’re going to see a reckoning in R/E and associated securities."

The remainder is left for debt service.People who say they have lower numbers than that are often "donating" a lot of time doing jobs that would be hired out if the property were truly an investment vs. buying themselves a low-paying job.Based on that rough calculation, this property is razor thin. 

Over the course of 1 week I’ve had roughly 8 potiential renter leads.

However, there is something known as debt-financed distributions that will potentially impact the deductibility of the related interest on the LLC level. 

I have a lead on a SFH that sits on 4.5 acres of land. this is new territory for me.

Since I am now official; my first question is do any of you use a CRM type database to maintain your leads and/or goals?

I’d pay off debt.

Also, make sure you're including relevant vacancy, maintenance and capital expense reserves in your cashflow analysis; not just debt service.

Mostly, I went too fast and spent more than I could handle on remodels and I am crawling out of that debt right now.