Bottom line though is that it’s all up to them, which is also my fear for them, because I can foresee it simply being a situation where they go or gravitate towards the simplest solution or minimal amount of forethought.

There's always drama with drug addicts and alcoholics, in addition to the stress of group living.

Their expertise helps in maximizing property value and minimizing risks.2.

I got my start in arbitrage but you will be sinking serious cash on start up and the cash flow could be minimal. 

Invest the rest.Now you've got income, a primary residence situation that's crazy advantageous, a piece of rental real estate you can cut your teeth on, minimal or no personal debt, and some active working equity investments. 

Even if the tenant can’t pay, it sets the expectation and documents the issue.Small Claims Court: If the tenant refuses to pay, you could take them to small claims court, where you can seek repayment without needing a lawyer.Security Deposit: If the tenant has a deposit, apply it toward the damages.Consider Eviction: Given the arrears and damage, eviction might be a last resort to prevent future losses.Talk with your property manager to create a plan that minimizes further risk.

The price reductions have been minimal, and the current listing price is $300K.

Be sure to add plenty of rugs to minimize damage.

The home was a new build in 2019 with minimal maintenance and 30 year mortgage at 2.25%. 

As I understand it, flipping/rehabbing requires you to have a solid team in place to minimize costs among other things.