So it's a loan....You just detailed a loan. 

Are their listings detailed with good-quality photos?

The most important step to avoid a catastrophe is to create a detailed contract with your contractor.

Are their listings detailed with good-quality photos?

Your tenants obligation was to pay you on Jan 1, so it doesn't matter if they paid someone else they still owe you...obviously details re: notice and dates all come into play here and from a practical perspective I'd work with the tenant and not move to evict over this.

Here’s the details.  

I would keep detailed records of my deals to include photos that I could use later when I am approaching a potential funding partner.

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

I also have nationwide connections and would be happy to introduce you to contractors if you can share more details about your project scope and specific needs.

Thank you for your detailed response, Melanie.