@Alan HaleWhat you borrow is irrelevantYou paid XYou spent YSold it for ZZ-(x+y) = gross profitIf you took out $45k and only have $23k now looks like you lost $20k+

@Feras SaffarWe’ve found the best way to raise rent is:Determine market rentShare the proof with the tenantTell the tenant, given your rent is $x and market rent is $y, what do you think if a fair increase?

If this is a SFR, I would put in your lease that tenant is responsible, and if snow is not cleared x hours after y inches of snow, landlord will clear at a charge to tenant of $z, due in 5 days as Additional Rent.If this is a multi-family property, I would NEVER delegate this responsibility to one tenant that could put my other households in harm's way. 

You dont want to drive there fine, im not an agent and I dont know the amount of work it requires to schedule a showing but I think I would have been fine with him telling me hey you can view the property with the listing agent on X day at Y time.

Break it down for him:It will cost you X in repairs JUST to sell it for Y and after you pay closing costs, commissions you'll net Z (or more likely still have to come to closing with cash)OR If you'll contribute X towards repairs, ill take the house subject to and save you the time, hassle and additional expense of selling it retail.Good luck

"If you reduce the price on the 4plex by X so i can come up with the cash fast, you can bump the rate up to Y and add Z years to the term .. which will net you an additional $XYZ over the course of the loan"  Start low and long with the rate and term, especially if he's not budging on the overall price much!

Well explained , thank you so much, I didn't know about " the non recourse lender", that's awesome , 50% of my portfolio is in 10 y arm, which by than , I will sell them or 1031 exchange, but my cash flow is greater, I do send money to the principal as well.Thank you again for the great explanation

.; major settling, serious foundation problems)...but even then, there are investors who specialize in buying and fixing those types of properties --again, the key is educating yourself so you know what you're getting into. ...it sounds as if maybe you're looking for a hard-and-fast rule like "DON'T buy a property with X", or "DO buy a property with Y"  --the reality is, REI is rarely, if ever, that cut-and-dry--it has many shades of grey, and it requires flexibility and creative thinking.Good luck!

Planning for your fear:"If 'X' happens, I'm going to 'Y""'Y' is the best action to take for the following reasons""Here is a basic outline of how to do 'Y' effectively"Mocking your fear:"You really think that 'X' is going to happen?

Famous last words are it rents for x but I can get y.