They walked away from their leases, took FEMA money to move (and maybe even replace some "damaged" possessions, and are now living in new housing on the taxpayers dime. 

So they basically did rental arbitrage on your property for 7 years and then walk away. 

So minimal impact to credit during the rehab process.It appraised for $173k after rehab, refinanced and paid everyone off including the seller, and walked with cash to do my next deal :)

Out of curiosity, when you travel to new cities for work, are you basing your search for housing on a certain mileage, or walking distance, from the hospital you’re working at?

They got us the best new rate they could, but rates have gone up since we first started.At this point, it’s up to me whether to accept the new rate or walk away.

After paying 2% commission to a buyers agent(no sellers commission paid because I’m an agent and will list it) $12,500 we are looking at walking away with roughly $147,000, $73k each.

The principal wants 100k to walk.

If you can walk into the deal with some nice equity then it gives you more options in case you want to get out of the area. 

Feel free to dm and I can put you in touch.Also, please have a licensed and vetted contractor walk the property either before putting an offer or during an inspection period when you can back it and get your deposit back.Skepticism up front is always better than regret later.

If anyone has experience running their own nonprofit, could you walk me through the process and share how overwhelming the paperwork is?