And, due to the arid environment, property upkeep generally remains minimal, saving on both time and costs compared to areas with high weather impact.Moreover, the mid-term rental (MTR) market in Las Vegas presents a significant financial upside, often doubling the rental income compared to standard long-term leasing.

The tenant claims he's under financial stress due to being out of work after an injury and is struggling to get the funds together for the funeral services.

That can easily become financial suicide. 

Can I even be financially independent in this situation?

I have worked in recovery, but currently am retired and have rentals I would like to possibly rent to Oxford house- or possibly convert into sober living if it makes sense financially.

I am wanting to start real estate investing to become financially free in the future.

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.  

(I know it's hard without seeing the full rent roll and financials, let me know if there's any other general details you'd need that would make you this "oh, that's why they offered that" kind of thing). 

While the repairs will temporarily affect rental operations, the long-term tax advantages from depreciation could help recover some of the initial financial outlay.In terms of negotiations, it would be wise to push for a larger price reduction instead of accepting a cashier's check, given the magnitude of the repairs and the expected loss of rental income during the downtime.

I had to review and argue expenses almost monthly on my financials.