Hello everyone,I have been given 15 day extension to show an effort to do repairs on a large SFH that now has a unlawful detainer/former tenant who has been found subleasing, damaging the property and preventing contractors from entering.

Do you have people ready to repair and clean the place lined up as soon as the last tenant leaves?

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The last tenants did some damage to the interior of the house and repairs like, sheet rock, fixtures, paint, etc. need to be completed. 

Underestimating repair costs and overestimating ARV (this is really just what most people call wholesaling). 

When you underwrote the deal, you assigned some dollar amount for repairs and capex.

The second option is that she go to court, where she will lose, you get a judgment for everything owed including cleaning and repairs, and then you send her to collections where it will prevent her from qualifying for another rental, getting a car loan, etc.

Part of that you can justify because of the necessary repairs, but overall higher price points appreciate differently.The median home price has basically doubled in Milwaukee from about 160k to 320k in the last 10 years.

You need a report done so you can request repairs or credits and a handyman isn't doing that and the seller wouldn't validate it.

As long as there are no outstanding repairs, I don't see anything wrong with paying off that loan faster.