I am unclear how to proceed with the other two platforms.

I will probably sell at that point rather than keep and rent out, so I can put the proceeds towards a down  payment. 

Consequently, I find myself in a predicament where I cannot recover the funds already spent to proceed with the project.

The location of the house is ideal for downtown and the universities and hospitals.Originally, the plan was to sell and reinvest the proceeds into a few fix and flips.

Hi Jamie,Yes we’re near hospitals and are in Fresno, CA and I think it’s the law of supply and demand as I’ve seen other MTR host now listing their units for sale due to the vacancy.Yes we’re also listed on Zillow as furnished but no leads there.This morning one student emailed to say she’d like to proceed but we had to give it at cost but she’s renting it from June until Feb 2024 so we agreed.I just didn’t know how to target quality tenants as we’ve declined a few due to inability to pay and bad credit.I didn’t know about student.comThank you for replying.

Jorge,I am by no means bashing you, but it seems like the title company which you hired is perhaps not as familiar with subject to or other creative financing positions.

A lot of the apartment loans I do have none, so if that's the case, proceed with option 1 and refinance whenever it suits you.

This needs to be held separate and apart from any rent proceeds (typically in an escrow or trust account) until the tenant moves out.

However, you may be able to avoid it if you're able to do a like-kind exchange (aka 1031 exchange) and reinvest the proceeds in a similar investment property.

Rarely does it make sense to file a claim where a monetary collection objective exists unless there's insurance proceeds potentially waiting for you at the end of the tunnel.