The first showing had negative feedback and potential tenants identify issues with flooring which Evernest never brought up to me even thou they did a walk thru prior to listing going live.

Would love to hear what you’re focused on or planning!

What is your plan after rehab.

I am planning on not resigning my lease and starting of my RE venture. 

Quote from @Celine Besson: Hi everyone,We recently moved from Memphis, TN, to Montreal, Quebec.Before leaving, we planned to invest in a small house, renovate it, and rent it out (Ultimate goal would be to BRRRR).

What are your investment plans moving forward?

So I’m trying to come up with a game plan  Conventional loans do require 25% down on an investment property.

I plan to use a HELOC but would be interested in the thoughts of others in BPs on this approach or recommendations if there are other ways to financing that I should consider.

Always be cautious of what you charge on things like paint, flooring etc.. most judges will use life expectancy and divide out a pro rated amount you could charge the tenant for excessive damage and not normal wear and tear 

Unless you have a solid plan to turn this around, selling now and cutting your losses might be the best move.