Also do not forget there is also an appeals process - we won a case that went to appeals and the appeals court took another 2 years - so it was 5 years in total.I am curious what others would think, but there is in my mind not a chance this would ever be resolved in the courts by July.

It's a townhouse in Ohio, and as per the estimated financials, I could be looking at $400 per month in cashflow.Problem is...

My goal would be primarily cash flow rather than appreciation unless there's a property with a good chance of flip. 

What I do see is that a strong screening process improves your chances of getting a responsible resident. 

You are best off to raise the rent and give the tenant the option to stay.Also, I hear a lot on here that "rents should be", "the potential rents are"... make sure that you do your due diligence when calculating potential rents because most new owner OVER estimate them.

If this is a one-off issue and they generally handle things well, maybe give them a chance to make it right.

Leverage your construction expertise to accurately estimate rehab costs and streamline renovations, and focus on financing strategies like hard money or private loans for your BRRRR deals.

The chances of them actually calling your note due is slim to none.   

If your agent’s estimate of $280k is accurate, this could be a good time to sell.

We're still waiting for the PM company to provide an inspection report on the setout & a rehab estimate for the turn.