They have perfected putting their head into the sand post cards are tossed, phone calls hung up on. 

@Kristian Sexton@Sami Gren she hit it on the head. it is more of a liability issue when it comes to adding someone into the middle of a lease term.

I am heading towards what looks like an eviction for the first time. 

Now if your thinking location jumps out as a big factor to all this, you hit the nail on the head, location location LOCATION. 

So you might as well be a head of the game do the cash out refinance buy the next 1-2 properties and simply refinance the original mortgage as a "rate and term" which carries a lower rate.

Look for undervalued properties.Network: Connect with local real estate agents, contractors, and other investors for insights and deals.Analyze Properties: Use the 1% rule to evaluate potential properties (monthly rent should be at least 1% of the total investment).Secure Financing: Explore different financing options like conventional loans, hard money loans, or private lenders.As for timing, if you can handle the extra responsibility, starting now could give you a head start.

The only place this would appear to make sense is in Class D neighborhoods which could cash flow.You have rights to income but nothing else - sounds like an unsecured note at the end of the day. nail on the head  very few in our generation really understand the whole token thing I tried reading a book on it and I still have no clue..

If we bite off people’s heads when they admit disaster, it suppresses legitimate issues with these techniques.Just for context there is a lot of history with the OP and some of us on here going back years (like the thread I linked to above from about a year ago and several others if you use the search function with his name) with him minimizing the risks of how he was structuring these transactions and some of us being cautionary, warning him that exactly what happened here could happen, which made him defensive and dismissive. 

Obviously would be a slower process, but would create very little debt hanging over your head.

Just a heads up LTR folks are pretty brutal on furniture.