Quote from @Theresa Harris: Look up your local laws and see what it says about lease renewal. 

Standalone brick and mortars like compass are the ones that are burning through money and taking it from the agent and customer it is very hard for compass to survive in those environment, as company like as big as amazon or apple move to hybrid work environment, the compass failed to grasp the spirit hence their transaction cost is so high.

@Scott Trench I think human nature makes it is easier for people to be more pessimistic than optimistic (survival bias). 

@Theresa Harris very true and somewhat unrealistic unless you find a partner that has money.

Quote from @Theresa Harris: I'd talk to the tenant and let them know that it will be harder to find a new place to live with an eviction on their record. 

That was the ONLY way I could have survived back in the days of 18% interest rates.I bought homes using seller financing & had to rent every room to make the mortgage payment, cover the rehab & we split the utilities.

Quote from @Theresa Harris: I'd talk to the building inspector and get an idea of all of the work that is required to get it to code. 

@Tori Trent, I think @Bill Brandt, @Jesse Poll, and @Theresa Harris all have great points.

Quote from @Theresa Harris: Unless you are living in the area where the rental is, managing it remotely is not a good idea. 

Quote from @Theresa Harris: Do you have another way to contact her (email, a neighbour, work number)?