Purchase price: $150,000 Cash invested: $55,000 Bought this house at an auction with traditional financing.

I think that painting it Neon yellow to fix your problem was a brilliant idea.Hi, yeah, thanks for the vote of confidence, I would have painted it hot pink with yellow polka dots but I time was of the essence and I went with the closest color that would go over the beige color of the house before I painted it, soooo the whole cost effective aspect thing was on my mind ;) however I did raise the  rent from the $600 to $800 which gave me an extra $2,400 dollars a year which paid for the new toilet ($70.00) and then some, I add a $50 yearly increase to my Sect 8 rental leases, this way the case worker who one must contact in order to implement an increase can reference the agreement and approve the $50.00 a month fee, in my experience the case workers don't like to give any rent increases if they are not in the original lease, a definite way to avoid a long drawn out battle of climbing the chain of command who really couldn't care less if you are the best landlord (not a slum lord) and discourage anyone who asks for an increase by forgotten return phone calls to outright indignant behavior, lies and so forth, Happy trails Brother 

They won't qualify for any traditional financing because of lack of income.A reverse mortgage may be available.Tread carefully with solution #2. 

Started doing work for local city government and non-profits tied to Parks and Rec divisions, and then moved into tourism-based short term rental marketing imagery... mainly photos, and I offer both the aerial stuff as well as traditional photography.

While the Traditional LLC is more established, it is not much “older.”

NonQm loans can be easier to qualify for than your traditional conventional loans.

In all, a traditionally financed buyer is tough to do. 

I have a little nest egg in my traditional 401K that I have through working a W2.

Considering the location and the high vacancy of the area, I would be surprised a traditional bank would want to touch this let alone a down deposit of only 20%. 

I also have three, and I manage one, and have a traditional rental too.My advice (and it looks like others have said the same and you've decided to go that route), put up the curtain now for the sake of less time and money.