It may be time to cut your losses and move on from this real estate. 

My thought is to BRRRR it and refinance, and they get their cut of the equity (which I assume would be split 2:1:1).

There is always SOME manual work, but you can cut out a lot of the back and forth-- definitley.

That doesn't cut it for me.

If you’re buying turnkey, you’re basically paying someone else to do the work and hoping they didn’t cut corners.

Obviously meet all safety requirements.

We did have a few called and we simply cut a check to retire the mortgage.

@Joshua Lanzieri when renovating older properties there are almost always negative surprises.Go watch any HGTV renovation show and most of them will have this as a cliff-hanger, forcing the choice of either going over budget or cutting back elsewhere.10% overruns happen often, but 50% is NOT acceptable!

With the outlook for cutting rates by the fed looking like it will be a very slow trickle, I believe we are in the early-mid stages of a recession.

, takes the edge of the emergency and buys us time to get a contractor out without having to pay for emergency hour services.