Then find a good property manager and realtor to work with.As others mentioned, you could also buy a place for yourself and rent out a suite or rooms (if you are open to having roommates).

I would greatly appreciate any suggestions or advice on how to refinance this property with a more manageable payment structure.Thank you in advance for your expertise and guidance.

Go over the costs of houses you're looking at, like loan payments, taxes, insurance, upkeeping costs, empty times, and fees for someone to manage your property.

Since I last posted we now have seller lead service, skip tracing, API integration for direct mail and a mobile app for managing your business on the go.

Is there anything else that I would need to or want to know in managing this property?

The drawings can go back and forth but the rater needs to be local to the property because in the end he will have to go verify what came out of the build and prepare a reconciliation showing the actual performance numbers post construction. 

what I'm telling people about hilltop is the only reason it's going up is because of the average housing price in columbus being pushed and the lack of inventory. when I started I'd have bought here too. if I was going to invest here I'd look at houses built after 1947 without knob and tube wiring, etc. the old housing is the problem. we are building now in downtown adjacent. land is a buyer's market and it's much less competitive and easy to get the numbers to work. there is very little construction in 43204 and I've transitioned to new construction triplex now with entitlement and larger multifamily projects feel free to message or call anytime. personally, l like new construction in 43203, 43205, 43206, 43223, 43222 right now and obviously 43215 which you have to have at least 600k in cash to get the land to entitle and want to build at least 100 units to make it worth it. 

This is coming from 15 yrs of experience managing rentals in DFW, many of them section 8.

It seems like a lot of people have great gimmicky stories about how they get creative when managing properties.

Property managers that over promise, work not fully completed to satisfaction, things not being installed correctly, etc.