Appreciate all the responses and advice I read them all with thought and made my decision I’ll evict if the SD isn’t paid by end of the month.To answer some questions I bought the house when I was young (24) It was a fixer upper so I was desperate for tenants and I’ll be honest I didn’t know any betterOne reason why I waited this long was because I’m in NJ we had extremely strict laws during Covid and courts were closed for about 3 years also he pays rent (current market value) every month and doesn’t trash the placeIn a way I’m glad this happened though you can only learn from your mistakes and I’ll DEFINITELY be more strict moving forward Thanks again everyone for helping me make my decision

(CA did this and some people were not able to get rent for 2 years) -If you don't have an adequate reserve then big expenses like HVAC, roofs, etc can really hurt.FINAL THOUGHTS-Make sure not to overleverage-Keep a large enough cash reserve so that when things happen that require money that you don't make bad decisions because you are desperate.

It's good that they're being proactive, as a lot of property owners are desperately trying to get their tenants to apply for assistance to no avail.

I would say Lewiston is desperately trying to crawl out of Class C status, but it'll take some more years.

Homeowners at risk of losing their property due to missed mortgage payments are often desperate to sell before the bank takes over.

I decided to try and go after people I thought were more desperate like going into foreclosure or tax sales, etc.

It's not a terrible strategy except you tend to end up with broke, desperate tenants because those with reasonable funds would prefer cheaper rent and a returnable deposit. 

@Drew Sygit yes he seems pretty desperate to stay. 

You will see some listings on Craigslist but the descriptions are desperate. 

I am desperately trying to understand and advise my dad on repercussions about this sale.Best, James