I used my uncle to set up a Joint Venture and then sold my shares to him.

If they aren't paying I was going to just start the eviction process since I would have nothing to lose at that point.

On the note of topics and code, depending on when the house was built if you replace the dry wall you lose grandfather status and will be required to update both the plumbing and electrical to modern standards.

I agree  on the above but as an investor in this raising rate environment, asset-based (aka DSCR loans) are the way to go irregardless of Partnership or Solo venture purchases.

Is losing $300/mo OK, considering limitations of such low downpayment?

In today's market, if you drag your feet you'll lose.

It never works and then you lose trust.

So buy n holds are typically my forte, but I'm venturing into flipping.

I've seen many bidders buy the 2nd and 3rd positions on a property and lose every penny.I also sold properties where I foreclosed on my buyer and I remember there was protections in place where I could not sell the property to someone without notifying the auction.

Real estate is a low-risk investment. They are usually not affected by fluctuating markets. It offers endless returns and acts as fixed assets for an extended period. It remains popular and unique as an asset because ...