If you were to seek a LOC against #3, you would not get much as an investment property its very difficult to get a LOC and they typically will not go above 75-80% LTV which is where you are at.2.

Even if the tenant can’t pay, it sets the expectation and documents the issue.Small Claims Court: If the tenant refuses to pay, you could take them to small claims court, where you can seek repayment without needing a lawyer.Security Deposit: If the tenant has a deposit, apply it toward the damages.Consider Eviction: Given the arrears and damage, eviction might be a last resort to prevent future losses.Talk with your property manager to create a plan that minimizes further risk.

For Canadians seeking to tap into the market in the States, the way the LLC is arranged creates a challenging tax environment and basically leaves you limited return. 

Prepayment penalties- usually 1-5 year terms.

Did you ask for something and did they answer or were they seeking you out? 

I’m seeking advice on where to invest my money next.

As a result, my Furnished Finder calendar looks promising for travelers seeking a genuine MTR experience in my area.Hopefully that helps. 

However, I am seeking recommendations for the most effective tools and software for remotely managing my Airbnb properties, as I will not have a local short-term rental manager.Specifically, I am looking for software that can assist with property listing, pricing optimization, channel management, guest communication, and any other relevant aspects of property management.

Stay patient, adjust expectations, and seek help as the process progresses, as one great deal can make up for multiple failed attempts.Good Luck!

Readers should seek professional advice.