I've known investors to get burned because they didn't do the math. 

-- Roommates could accelerate your savings and give you experience dealing with tenants.How are you going to handle two mortgage payments while your rental sits vacant for a few months - or do you naively think everything rents instantly?

You have an interest rate that is unlikely to be available for another century, Hold the asset and let the tenant burn down the mortgage.

Your downpayment would be instant equity and your consistent cash flow would lead to equity over time.

In short, getting the place restored was akin to remediating damage from a natural disaster.In the trash and belongings abandoned by the tenant, he also left the OM for his healthcare real estate endeavor, nasty-grams from the IRS about his personal taxes, and collections letters from several creditors after him.I got burned here and so did my property manager.

Quote from @Robert Burns: I'm looking seriously at expanding my REI business include buying, fixing and flipping REO properties!

Our tenants have been insurance burn outs ( their house burnt down insurance is paying the rent) to those building Custom homes that will take 12 to 18 months..

I am a nice person but I do burn out on feeling like im being let down so it does sometimes take some patience (and space from your phone) so you don’t loose your cool because you do NOT want to make a bad name for yourself with the agency

The clear and obvious answer would be to instantly pay the back taxes and offer a small lump sum for them to move with and just lowball in whatever structure works for the both of you weather that is a better sale price or a greater monthly payment to them and just find your middle ground that works out for you both.

Then add staging, and now into marketing, how to pump it out there for maximum exposure, now we are paying all these sites to list and promote, burning a few hundred on FB ad's, a few hundred on this site, a few hundred on that site.