Andy, I'm sorry to hear that your going through this, I don't personally know anyone dealing with such difficult tenants, but do know several Brooklyn based land lords who got tenants out in order to do reno. or dramatically increase rent. 

Quote from @Brad Banks: After 20 years of buying and selling real estate this morning it occurred to me that if somebody offers to sell their house for let’s say $250,000 “as is” and you agree to pay that exact price with no contingencies, but other people are interested in the property , then that seller can just raise his price and not sell the property for the price “advertised”.

Quote from @Brad S.: 27yr Appraiser here - in 2-4 unit properties, in most markets, rarely is the cost or income approach very relevant (not going to go into the details why).

I personally love house hacking, as it is a great way to reduce your largest expense, get into a property with some of the best financing vehicles available, and also sharpen your land lording skills. 

The Lord just worked everything out for that lady.

I showed them the whole business model and spreadsheet...We ordered the Feasibility study and appraisalThen they gave me a Term Letter that states everything even construction cost analysis by their 3rd partyThats where we are atwe have a GAP of $2.7MWe came up with the strategy last night.. that at the very least we need $1.5M cash to pay a balloon payment by June 27 or it forecloses... the lord will not let that happen.So I have the green light from the Lord to talk to all the interested investors as He is opening up the doors of Favor

I'd really love to hear more from you.Keep in mind that I don't intend to be a slum lord.

Hi @Brad Johnson did you find out more about it?

About 80% other speakers and about 20% Brad.   

@Brad ParkDid you get any updates since your post ?