Normally, we would say no and wait until the end of the lease but due to the situation and hardships we would inspect for pets and pet damages.

I would love to make a move before the end of the year and so I keep trying to decide which of the following is best for me:1) Buy 1 more expensive CA property near here, and thus a better tenant (less likely to cause issues), but lose a little bit of money every month due to the current numbers, while hoping for future appreciation? 

Purchase price: $420,000 Cash invested: $55,096 Purchased a distressed single-family home in Antioch, CA, using the BRRRR strategy to create $141,000 in equity and secure a cash-flowing rental property.

With no structures, there's little to damage and it's not like a defaulting tenant can steal it. 

@Ezra Avery you might want to read below to understand Classes of Property/Tenants.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

@Martti Eckert here's the big issue that no one really talks about that you hopefully find helpful (this is copy & pasted):-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

At 70% LTV that loan would size around $44 million (less if cash flow causes a coverage constraint). 

So, what caused this sharper-than-usual slowdown?

When I purchased my first property in 2020, I feared then that COVID would cause a downturn, but I was thinking longterm and got "lucky"Many experienced investors I speak to have the same few regrets 1) I wish I started sooner2) I wish I bought more3) I wish I never sold

If they haven’t been paying and causing problems why would you want them to stay?