Let's not create a train wreck here.Mark

Judging by the smell and what I can see through the front window the place is a total wreck, looking at over $5000 in new flooring and repairs.My dilemma is the damage has been done, what should we do going forward?  

I'll never understand why everyone looks for another crash right after the last one.It's as if one has wrecked their car, just got it back from the mechanic, and as they drive off the lot, they start preparing for another crash.There is no crash currently happening, there's not going to be another nationwide housing crash.If by some crazy chance it does, guess what, if your in or out, it don't matter, your bankrupt with 99% of the rest of the county.If your in a state that people say it's crazy on everything they do.

Great for flips where you don't have the house very long, but it wrecks your numbers on buy and hold unless you absolutely steal the property.Private money is great for what you described, you just have to find a willing lender that does the right terms. 

I think you have his quote wrong, from the UAW president interview several days ago (emphasis mine)"UAW president Shawn Fain said “we’re not going to wreck the economy.

I hear that MH renters in WI, MN and you say IN pay their rent and don't wreck the place.  

The people renting the place aren't prepared to be in the "business" of renting their place out so they make decisions that feel comfortable - right or wrong.Recent news stories of houses getting wrecked on Air B&B do not help your cause.

Update here, I made it to Texas, the rental I thought was a problem isnt so bad and the one I thought was ready for sale is a wreck, so although I do still love the area, I decided Im done with renting that property out and am ready to sell.  

I always "check myself, before I wreck myself" if it seems too good to be true.

After 3 car wrecks (no major injuries, thank goodness!)