Refinanced in December of 2022 into a 1 year bridge loan of $222,400 (80% LTV) after failing to sell the property once interest rates changed.

You failed to perform proper due diligence before closing on the rent house.

I'd speculate that your CPA failed to check the "complete disposition of activity" checkbox in his tax software, keeping these losses locked instead of releasing them.2.

If you fail to follow the rules, you may open your personal assets to a lawsuit.

It's not negotiable.Most brokerages have failed their agents in preparing for this.

And the fact the new owner of the neighboring property also failed to do due diligence should not factor into your decision to keep, if still allowed by your state laws, what you presumably paid for. 

In the event you fail an annual inspection where the property is occupied, then you will have the opportunity to make the appropriate repairs.

If they fail you will likely be stuck starting over from scratch.3.

However, what he offers is available for $15 on the internet, and the other $39,985 that is paying for “mentorship” gets you 2 hours a week with an “advisor” who has never personally done a deal and whose main qualification was that he failed as a salesperson selling the gurus mentorships. 

For the tenant to be able to move in you need to -Go back and forth and fill out HAP contract and get it approved by CMHA -Get the property inspected and pass(if you fail redo this step)-execute the leases then the tenant can move in * Important note (you won't start receiving payments from CMHA till like a month or 2 later after you execute the lease.