Evict or new contract short term?

[Sheena Drake]

Renter with a sad, typical story that is not able to pay the $750 per month........ same story that presents too often with a broken home. She cannot continue to pay $750 per month without collected child support for her 4 children. She obviously does not want to move. Suggestions of reason would be very much appreciated on my behalf. I am trying to not soften to the idea of booting a family to the curb. Yes, I know the situation and it is a truly sad situation for the kids. I want to create a new contract for short term that would be reasonable. We are rehabbing 2 homes now as BRRRR method and likely will not be finished until end of year. Last thing we need is a home either empty or awaiting some rehab before rentable. We inherited the renter with the home. 4 kids=need of rehab. I've thought about asking her to apply for Section 8 assistance but not sure of turnaround time and whether they will require certain things. dollars to cover tax, insurance, mortgage = $343. Seems way too low, especially if she calls for any maintenance. ? New contract for $550 per month through March 2023? We would have more free time then and more likely to get a new renter in the warmer months.

I don't want to be a provider of charity at this point in my life, but I don't want to shoot myself in the financial foot.   Appreciate any seasoned advice.