It’s a low-risk entry into real estate with built-in cash flow potential.

Diversify if you can with smaller amounts so risk is distributed. 

I am leaning toward removal because the floor is run down, the risk of increased pests or feral cats, and there is already a storage closet off the patio.

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

I’ve been involved in real estate investing for over 30 years, so if you ever have any questions or need guidance, feel free to reach out.

The properties have unique advantages accruable to an investor who is willing to do their homework and take calculated risks.

Since your property has high resale potential, some lenders may be willing to work with you.Cash-Out Refinance – If you’re open to refinancing, you could take out a new mortgage for a portion of the home’s value (say, 60-70% of the $500K), and use the cash difference for renovations.Personal Loan – If you have good credit, you might qualify for a personal loan for part of the rehab costs, though interest rates are typically higher than secured loans.Partner with an Investor – Given the potential profit, you may be able to find a real estate investor or contractor willing to finance the rehab in exchange for a share of the profits upon sale.Your best option depends on your financial standing, timeline, and risk tolerance.

However, if you believe the market could recover within six months and you're willing to take on that risk, waiting might yield a better return.

Every youtube video I find when searching this problem involves someone replacing or moving an electric box that either hasn't been wired yet or is re-wired.

I'm feeling that I am being milked and preparing to get my attorney involved if we don't settle this soon.