Your lease probably specifies the residents must comply with "quiet enjoyment" of the property. 

Hey Gene, for your situation, you probably need to get a fix&flip loan to acquire and do the renovation.

My opinion and belief about it is if you don't have the intelligence or drive to figure it out on your own then it is probably not something you should get involved with.

Probably. 

I have always imagined getting to the point where I could hold/ run a small community of mountain cabin rentals or a guest house, something along those lines.Thanks,Chad  Yes I meant AirBnb and Mid-term rentals, rent by the room, glamping (although I probably wouldn't go that route), buying commercial RE and running a business (for me that would be a lot of work with a W2 job and buying property locally or leasing out a space is expensive here). 

I think a sale is probably the best thing sell for what its worth dont let an investor suck him into some wholesaler suck his equity from him.. sell re group and move on.. 

Probably not; I've done pretty well myself from them, and you're a smart and nice guy so I would be shocked if you *weren't* killing it!

I would probably talk to an North Carolina attorney for this. 

In a climate like this with high rates, probably better to use a Heloc so you keep the lower rate of your 1st lien.

I'm out West at the moment, but will probably be returning to Tokyo before too much longer.At the risk of being contrarian, after picking up a couple of investment properties in Japan (one Tokyo, one outskirts), I shifted to a strategy of only investing in the US.