I am not happy at all because the property was nice and am investigation option to hire a lawyer to attempt going after the tenants to seek compensation for the damages. 

Borrowing includes pledging that equity on another deal too, like buying a seller financed property from another landlord.Being new, might check out my site, learn real estate before attempting to deal in real estate, it's a basic course at GREA and it is totally free!

@Sharath Kumar the pop corn ceilings could be a major problem along with any texture on the walls if they are asbestos or lead containing. there is no way to do it your self in Colorado both the removal of asbestos and lead are highly regulated by the Colorado dept of public health's air pollution division, it would be really dangerous to attempt to do this type of friable removal in an apt building because of the shared air systems used in the 1970's you could  contaminate the entire building with asbestos fibers or lead dust.

Most said they would not attempt to do them without hiring someone after dealing with all of the steps to make them come out nice.Nice thread on this site regarding painting cabinetsIs your rental in an neighborhood with mid grade finishes?  

Attempting to do so through other channels is a risk that you don't have any reason to open yourself up to.

Thanks for the attempt though!

Julie I get it I have owned 3 sizeable HML companies in my day.. and done well over 2,500 transaction as the owner principal of the company.. and I have done them every which way.from no money.. to needing money.. to equity share etc etc.. end of the day its the character and capacity of the flipper that is paramount.tough thing right now for most is finding deals that meet the LTC ratios that make 100% funding even remotely safe. however you are new to BP I see and generally speaking this is a beginners site..

In essence, I got 3 for sale units in a hot neighborhood I like to build in, and this was my first time attempting townhomes.  

So, in thinking about what my interests in Real Estate are - I am primarily interested in house hacking - and my dreams of being debt free, I landed on purchasing some of the BP recommended Real Estate books, reading through them by the end of this year, and attempting to purchase a duplex somewhere around May/June of 2017.

Currently I'm looking into a 50000k heloc after a failed attempt at a cash out refinance.