💰Well said!

Do you have money set aside?

A well-structured deal with a clear exit strategy can be just as valuable as a full rehab.

If you are getting feedback from this group of posters, many of which are legendary by BP standards and known for their knowledge and willingness to share it. 

One has a 162k mortgage, $1250 tax,Insurance,%3.5 30 yr, worth at least 750,000 LTR rent $3200, #2- Los Angeles worth   $750k as well just did a remodel of 150 K, mortgage is 75,000 payment $700.tax,Ins, Mtr/str hybrid.

If they’re not able to assist, I also have other LAIC referrals as well that will just provide the service only.

Lower debt to income allowed as well for conventional. 

It would be a tight budget but I do have money set aside for repairs.

The property jumped another 100k less than a year after the sell as well as rents went up to support what would have been the new monthly debt if I refinanced and held. 

Don't apologize, don't explain how the 'chosen' tenant was more qualified than they were, wish them well in their search.You're running a business and you've made a business decision.