Even if you are able to cash out on it, you really won't be making any money, especially when you factor in vacancy and repairs.If you are set on this being an investment property and you are sure it is worth $210k, your best bet would be to unload it, take the cash and move on to something else that would be a better rental.

It sounds like my best bet is to talk with the current owner and try to get him to sort things out prior to the closing.

It is infectious, and I would bet Dad would soon be on board with your line of thinking. 

I think your gut is telling you that that betting on appreciation as your only out is not the wisest choice. 

I've been researching online for the best exam prep courses and it seems like KAPRE/Brightwood Real Estate Education is my best bet as I do not need to take continuing education. 

Your best bet for finding deals is to out hustle the other guys. 

But very risky, not recommended.Best bet is to find a partner who can back the money.

My best bet is that he's fell too far behind with payments with them so the house fell into Pre-Foreclosure.

I'm hoping we can get sports betting but not counting on it either.

That's probably your best bet for the refinance.Otherwise, there are long-term asset-based lenders as well, but they're going to be a bit more expensive.