Let them know there’s a balance due and give them the opportunity to pay, but don’t expect miracles.

I’d keep it, do a little cash out refinance if you wanted to regain some of the $, and just rent it out or STR it and make some money on it..Appreciation always goes up, and a few years down the line (and/if interest rates come back down you could pull even more $ out Tax free!)

You would have to self-manage though, as paying a property manager will eat up most of your profits.

Bottom line is that the place goes to the first qualified tenant with the money.

I have a capital gain taxes question:if I sell my home for 510k and provide the seller 10k seller credit towards escrow costs, would I be paying capital gains taxes in California for that additional 10k?

That one will take a year, but then it will get 25K a month on 2.5M, and there is an RV park as a bonus.   

He does sneaky things to line his own pockets.

He does sneaky things to line his own pockets.

If I bought what you are looking at, I would only buy it at a price in which is in line with how it is permitted. 

Now a listing agent cannot advertise the commission they will pay another agent for bringing them a buyer.