With your background in real estate (STRs and assisted living), commercial MAY make more sense and then if there are any residential deals you can take them as well.

@Tom OchiengI would reach out to a real estate attorney for specific advice on this situation since you already have one tenant who is being difficult.On a side note, when I have inherited tenants, I have been most successful when I have provided longer non-renewal notices, like 60-90 days, and offered to assist with moving costs.

To minimize upfront costs, explore down payment assistance programs, creative financing strategies like seller financing, or rent-to-own agreements. 

3.Any recommendations for contractors or permit expediters in Covington who can assist with this process?

Major difference between working with market renters and tenant assistant programs as well.

SwissPMG can assist you in your property search, underwrite, acquisition, rehab and property management here in Columbus, OH.

I have poor credit, which has limited my loan options.Closing Costs: Roughly $22,000, covering prepaid taxes, mortgage insurance, lender fees, and HUD consultant fees.The Shortfall: $25,000Initially, I planned to use a down payment assistance program in Detroit, but due to misinformation, it turns out I’m not eligible.

It may feel cumbersome, but their diligence reflects the level of security and service you can expect once onboarded.

A realtor’s assistant?

Thanks all of you guys for the assistance.