Ran out of money... Tampa, Fl. (Riverview)

[Christopher Wand]

So a little back story before this question and I'm hoping I can get some ideas on how to resolve it.

I've purchased a duplex property on well and septic.

$89,500

2/1 800sf & studio/1 400sf.

(Terrible buy in and a bad deal situation that I should of walked away from when the previous owner wouldn't negotiate at all.) That being said, it's mine and I own it now. We finished the interior renovation and cleaned up the exterior for the most part. I assumed we would have another year on the septic and well before needing anything major.

The studio brings in $650 currently and the front unit I'm staying in.

I 've spoken to a couple septic guys and water guys. The septic system needs to be replaced because of the water table in our location and the damaged drain field. The well water needs to be treated for the sulfur and Iron content to really make it useable. All in these items are respectively $8,200 septic and $6,000 for the water.

I'm tapped out... I have $5,000 left on my line of credit and I need options. I'm scared of going for an ARV appraisal this soon because I didn't pull permits for the interior work and in this county it may be big negative.

I own a townhome that I've been wanting to unload but, currently cashflows so I haven't really done anything with it.

Any ideas would be great. I feel like I'm leveraged up and I'm concerned about more unbacked credit and paying it off.