Examples of "misc" - lost rent during turnovers, an eviction, or a discount to get a tenant in (economic vacancy). 

If my understanding is correct the banks will further break them down into smaller pools and continue to sell them off to other smaller banks and brokerages where they would be available (as pools or one-offs) to individual or small team investors.

I lost money. 

Quick easy ROI as long as you have the right team that is reliable and sticks to your time frame. 

And in addition, one month lost is actually 8.3% vacancy (more than budgeted) so our CoC is lowered further to 3% ($600 annual or $50/month). 

I lost one of my long-term tenants because they moved out of the area, and have turned that unit over twice in 2 years.  

@Brian BandasThe single thing that will impact your out of area (state) investments is the team you have on ground in the investment area.

Great information on getting a team together in the area that i will be buying.

AS you can see, Im lost and would like advice on the best way to go, I would like to make alot of money, but i also want to play it safe too.Or is this even a good deal?

I just want to rent it out ASAP since the escrow closed 1 month late, and it was vacant for 2 months; I was hoping I can sell it at a $10K lost and get that Short Sale which offered much more value despite the lost; but failed.