It also allows me and my wife to take a small owners draw each December which is helpful during the holidays to afford Christmas presents.

The problem isn’t with the list it is with the Investors who don’t know how to close...Your presentation to buy at a discount starts with your marketing...

They can provide guidance on potential legal options and rights concerning the city’s demands and the lender.Negotiate with the City:Seek Extensions or Variances: Your friend can request an extension on the deadline to comply or apply for variances that might allow the property to meet less stringent requirements.Explore Grants or Subsidies: Check if there are any local, state, or federal grants or subsidies available for renovating older properties, especially those providing low-income housing.Engage with the Lender:Discuss Financial Hardship: Present the case to the lender, explaining the situation and the financial hardship imposed by the new building codes.Propose a Loan Modification: Suggest modifying the loan terms, such as extending the loan period, reducing interest rates, or even deferring payments temporarily.Negotiate a Short Sale: If the property must be demolished and rebuilt, your friend can discuss the possibility of a short sale where the lender agrees to accept less than the owed amount to avoid foreclosure.Explore Refinance or New Loans:Seek New Financing Options: Look for other financial institutions or private lenders willing to provide financing for renovation or rebuilding.

I did walk away from this exact property but it was good practice I think for me and I will be looking into some more in the coming weeks.My next question is property management for something that strictly does emergency calls where I can not be present?

I don't know whether it is still the case but for awhile the city of Jackson was selling empty lots for just $50 if you presented a plan for what you wanted to do with it. 

Before this I made about 170k on the 3 previous homes I bought fixed up and sold.I see a decent opportunity to buy a fixer upper and have it turned around pretty quick.What's the best option I can use/present to get financing on the project.

One region of the country with natural abundance that offers present and future sanctuary is the Oregon Coast.

Alternatively you could explore a fully pre approved loan commitment to present to the developer and likely still negotiate aggressively.

I attended a weekend long event where Tyler was the presenter for RE Mentor a few years ago and I can tell you that Tyler is the real deal.

For things like that you can present the tenant with the bill and they add it to the rent and you pay the bill directly, so you know it is paid.Also make sure the damage deposit is transferred to you from the previous owner at closing as that money belongs to the tenant.