Thanks for the insight, a possible portfolio loan could be an option.

If that is how the plumber runs their business another option is to pay it but blast it out on social media in your area about that plumber.

The last resort option of course is to list them for rent, possibly your market just can’t support $120k for in-park homes?

There were options that would have made better investments, but the lifestyle this enabled fit perfectly.

If you're looking for cash flow today your options are basically limited to the midwest. 

If it is tied to the home, you have a few options:1) include electricity in the rent (down side with that is tenants may be less diligent with electricity use and increase the bill)2) have the tenant pay it and include a copy of the statement every 1-2 months to show that it is paid in full.3) have the bill in your name and send a copy to the tenant each month (or whatever the billing cycle is) and they can add the balance to their rent each month. 

Hi allWhat security service or cameras do you use when flip a house?

I have not done a lot of research yet, but I imagine that others in town are begining to wonder about their options as well.Being creative and building are the parts that I'm passionate about, so I'm not interested in cookie cutter designs or paying others to do what I consider to be the fun part.

Should I take out a secured loan using my savings account as collateral?

Lots of options!