Some states allow an eviction for repeated violations of a rental agreement.It is also not a good practice to wait to long to raise rent to market rates. 

It took 9 months from front to back with was too much time, but the wait was worth it.What made you interested in investing in this type of deal?

Dig into what they need and see if you can provide the administrative support as I mention in #4 below.

This is more of a commercial product I mentioned.

No one can 100% answer you what you can do here.The one general question I would give my opinion on is if the resident is responsible to pay for the damages, do no wait to use the security deposit.

But in the same comment mentions that it doesn’t mean anything because they can just go up the rungs of the ladder and sue the ownership LLC.

@Henrique Dantas@Camila WongYou can refinance but you need to wait minimum 2 years after your purchase.

This underperforming cash flow is likely due to your higher vacancy, not to mention whatever bad debt write offs or concessions are in the mix. 

Hi,People always talk about how they purchase a rental property, wait a few years for it to appreciate, do a cashout refi to recoup their initial down payment, then whatever they earn in the future is infinite return.But in reality, how is this truly a "recouping of initial investment" when you have to pay a 4.5% interest to take out the cashout proceeds (with $3000-4000 of closing costs on top)?

You mention fraud, but never actually describe who is the victim or how.