You need to terminate the tenancy with proper notice.

First Wyoming has a very strong set of statutes and case law supporting that entities that are properly run get liability protection. 

It may make you feel better that you have it, but many instances its useless because its not the right situation or was done properly.  

Place these footings strategically after you have jacked the house up to proper level.

Market timing, properly acquired property, personal capital available How did you find this deal and how did you negotiate it?

Typically, you can pick up these homes for far less, and if decorated properly they will book for the same rates or even more than a similar home in the newer resorts.

Now that I dont fly anymore  I dont think I will ever set foot in that area its just way to far to drive. and personally not a big fan of the Oregon coast  unless  its Tillamook bay to fish for Salmon and Steelhead in the rivers that feed the bay .. thats the only time we go to the coast.. my wife was born and raised on Puget Island in the Columbia river ( Cathlamet) so she wants a summer home there on the island you can get river frontage and nice sandy beach and watch the big ships roll by.. 

Take ownership of your mistake and learn to do the proper due diligence recommended above😊https://www.biggerpockets.com/member-blogs/3094/91097-why-you-should-screen-a-pm-company-like-you-screen-for-tenantshttps://www.biggerpockets.com/member-blogs/3094/91878-how-to-screen-a-pmc-better-than-a-tenant-part-2-communication-and-documhttps://www.biggerpockets.com/member-blogs/3094/91879-how-to-screen-a-pmc-better-than-a-tenant-part-3-the-management-contr

And his direct employees are allowed to sell these notes if they were registered and disclosed properly..

In order to do this accurately, though, it does help to have a team to give you correct inputs... a lender for the financing, insurance agent for accurate policy quotes, an agent or fellow investor that can properly break down the market rents (this one cannot be over-emphasized as this city is block-by-block), and maybe even a contractor to help provide accurate renovation costs.