I'm going to try and talk reason to the tenants and get them to move out peacefully.During their occupation of my property, there was severe water damage to the upstairs kitchen and downstairs bedroom.

These are great when you want to keep a hot water/radiator heat system, not run ducts, and get your A/C.

Minor repairs definitely do bite into the bottom line but it is a slightly positive cash flow.I just am tired of treading water - I am not building equity, I am still underwater when I look at comps in the area (I think the place is conservatively worth 350K).I am not real-estate saavy enough to know what my options are.(1) I dont think I can refi cause my LTV is horrible.(2) I cant sell without paying out of pocket(3) I cant short saleAny ideas for an exit strategy?  

re taxes $17818 / insurance $1522 / water $ 3987 !!

The "smoke" you see us exhale is water vapor - and its not even from the liquid in the tube - it is moisture drawn from the air by a piece inside called an atomizer.

The problem exists now that there are no gutters, and water just puddles around the foundation of the house.

My rental has a few leaks from a poorly done flip at the hose bib on an enclosed patio and under the sink from the spray hose and garbage disposal.  

This home is over 3 years in arrears, and it's over $100K under water....don't think it's a candidate for this idea.  

In 2 hours I had her on board to subdivide the property providing moderate income homes and handicap accessible units with a park and water feature for the little children to play!

The property was built in 1999, but the seller has said they have completed remodeling each unit, some newer water heaters & appliances have been replaced, believes the roof is original along with other systems.