I do not really know much about New York since I am not much of a traveler that is from Texas.  

The challenge I'm trying to overcome is when I must travel for my regular job.  

Evict the current tenants legally, (we're on a month-to-month right now); rehab the place for 20k-30k and then decide to re-rent or sell.Pros:- I take best advantage of the properties new value and cash-flowCons:- I wouldn't be on site (since i live out of state) or if I fly over, it would cost a lot to travel there and miss work.- Risk of spending more money than we should rehabbing it (we haven't done a rehab of this caliber before).Option 3I can keep the current tenants and do land-lording the right way.

Other than real estate, my hobbies include weightlifting, indoor rock climbing, hiking, reading, traveling and eating a wide variety of food. 

Prior, her vast experience traveled through Chicago renovating beautiful Brownstones and Greystones, remodeling single family homes in the South Suburbs and managing rental properties throughout the Chicagoland market.Susan currently owns and manages a residential construction firm, Hough Construction Company Inc.

Then there's travel costs to and from potential properties.

The policy covers only legal liability for damages to the landlord’s property (covered losses include fire, smoke, explosion, water damage, backup or overflow of sewer, drain or sump, falling objects, riot, or civil commotion) up to $100,000.So when that tenants overflows the tub and nukes 3 bathrooms below it with water damage, that get's covered under their Tenant Liability Insurance to repair said damages.

They seemed to smoke in the house which is not great, but it is what it is.How would you approach it?

My teenagers prb could use some stability after traveling all over the world for the past three years. 

I do not know the situation of your property in Lubbock, but I would think it would have broad appeal for the medical community and folks traveling in that are Texas Tech related.