The last Section 8 tenants I had destroyed the property.

dose this building fall under historical rehab tax credit or can you put in place cheaper material and do capital impovements along the way thier many ways to save money on rehabs just depends on how much labor you want to add thier are many second hand supply warehouse in STL and surrounding area I understand the money hardship and bankruptcy will destroy you ( been thier done that, not cool) you can look at hard money or saving money on labor and material by doing it yourself just some ideas. .... good luck steven

Do you do more walk-throughs on your tenants (vs a rental not near a college) to make sure they don't destroy the place?

a 14% rate will destroy your numbers on buy and hold.btw,, its kinda funny how using your credit kills your score. 

As far as CBS construction, I can see where that makes sense in markets like Fl and others prone to hurricanes and wood destroying pests.

An inexpensive termite inspection is simply a visual inspection of the readily accessible areas of a home for evidence of wood-destroying insects.

You will just dig yourself a hole you wont be able to climb out of and destroy your reputation.

I've tried, I've called, I've had to sit on my hands watching someone destroy the property before it goes to sale but, historically, there was nothing I could do at least here in California.There is usually language in the security agreement where an owner agrees not to damage the property but, they also agreed to make payments so, so much for the teeth in that.

In my opinion, rich kids are the worst, they are so entitled and destroy everything around them.

If the bank agrees, I'll gamble (fix the foundation, but probably not fix the destroyed unit for now, and keep the other 3 rented, rehab as people move out), if not I'll walk (or see if @Skyler Smith is still interested after reading all this :-)Jean