I personally think you can successfully market both your property management (PM) and buy/sell real estate services under one brand if you position them correctly.

Depending on how the water is getting in, there may be cheaper methods for sealing the basement walls from inside.Keep shopping until you find someone trustworthy with solutions.I would also consider going after the first contractor because they robbed you.

Whether it’s the proper legal route or unconventional methods, I’m open to any suggestions to help me get rid of these tenants sooner.Thank you in advance.I completely understand your frustration—situations like these can be incredibly challenging, both financially and emotionally.

@Tim Bergstrom you correctly pointed out some of the hotter areas of town.

So, if a loss occurs while the property is being repaired or renovated, coverage would apply, correct?

@Roi Azoulay I think you are absolutely correct in this.

It is a complimentary strategy to pull some of your money back and hedge your bet.My view on making money in real estate: Cash Flow is a hedge against corrections.

Because when I ran the numbers myself it was a loss of closer to $14K, not $22K, so I want to make sure I am doing it correctly and conservatively. 

Make sure you setup your Goals correctly so you are measuring things like phone calls, contact forms, tours scheduled etc., 2.

Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.