Hopefully, you find the info below helpful.

The only additional thing we do is send them to collections.

This can put a significant strain on your finances and cash flowThey also often require a large down payment themselves and may have a strict repayment schedule that can be difficult to meet, especially if there are unforeseen circumstances or delays in renting the property or generating income from itIn addition, relying on this type of loan may expose you to higher financial stress and the possibility of default if you are unable to meet your loan obligationsThe final decision depends on your overall financial situation, risk tolerance, and your ability to manage the associated costs and obligations

Alternatively, in addition to the per diem in § 17 (Possession) for failure of Seller to timely deliver possession of the Property after Closing occurs, Buyer may elect to treat this Contract as being in full force and effect and Buyer has the right to specific performance or damages, or both.22.

Obviously tough to give advice based on minimal info and no info on your personal situation.

Additionally, you can still find deals that will cash flow and hit the 1% rule and amazing appreciation potential. 

Based on the info in your post, my recommendation would be to turn these assets into well oiled machines and max out their NOI.

Also if the whole property or the yard is fenced then an additional barrier fence around the pool itself isn’t required.

Can you send my your contact info?

https://www.biggerpockets.com/blog/biggerpockets-podcast-262...The info in this podcast addresses financing