Make sure the location is safe first.  1.  

If not, ride out the 12 months with the hard money lender.People have to make good choices and not over extend themselves just for the sake of buying something they really can't afford or that doesn't make good cash flow.

These things happen, just make sure you document as well as possible.

Surely there's at least one other applicant in your town who meets your criteria and doesn't have any evictions.

Please double check this and make sure that wasn’t the amount for the raw land prior to the build.

The worst is when they don't tell you they are moving out and leave behind enough stuff that you are not sure if they are coming back for it, and they ghost you.  

This means that you will probably need to pay registration and filing fees in at least 2 states if you don’t buy CA property as a CA resident.Be sure to tell your accountant that you may now need to file non-resident income tax returns in each state where you own property as well.

Make sure to keep backup documentation for each transaction if possible and transfer the balance when you return.

The lower rate or longer term can also make the payment more affordable. 

Smaller markets like Ocala, Spring Hill, and Palmetto can be great for affordable buy-and-hold strategies, while Gainesville offers unique student rental potential.