Carhartt for me has always been coats, best work coat ever.

I paid cash, holding coats are not badI am out of state & not sure I'm up for the challenge of fully renovating it myself.

Assuming it is and assuming you wouldn't have to spend another penny on repairs or improvements, why would anyone use $720K for a 2.9% return and all the potential hassle and risk of running a 16 unit building?

That would be like stepping over dollars to collect pennies.

At this point they need to either move or pay every penny that they owe you and there's nothing in between.

Furnace ac coil outside condenser water heater copper everything replaced it all put it on the market cane time to show it to the crackhead tenant yes I do say crackhead tenant sec 8 and came into the house everything was missing again even though I was there the day before and yes I said day because I won’t go there at night.. it’s not the tenants it’s the HOOD go to north county castle point if you want to make money walnut park is a cesspool

You are better off saving the 20% or raising the funds.Hi Frank,I haven't spent a single penny through rehabbing.

It was worth every penny. 

Give them all their money back immediately, including their application fees, every penny you took from them, and tell them that the unit is not ready for occupancy. 

Just make sure you have plenty of cash reserves. 2017 was awful to me and depleted every penny of my 50k cash reserves.