The Fed could well print whatever is needed to keep the wheels turning and this introduces an array of new scenarios, (both good & bad) and will impact asset classes significantly, but it wont fix the problem. 

@Daniel Haberkost  I am also making offers but heavily weighing that I wont flip these and will end up with a long term rental.

I'd be concerned that they would destroy the property. 

You can know the formulas on how to evaluate deals perfectly but if you don't know your specific market, you wont know what numbers to plug in the formulas.

just go up to the office with proof you own the property with the tenant information and they will have you fill out paperwork that they will submit to their case worker to update the file...wont take long... 

https://www.curbed.com/2019/10/11/20909545/adus-development-california-real-estate-housing-shortageWhile this wont be a "tiny home" in the sense that it has its own parcel number and address, but you can build a little 1 bed 1 bath ADU in the backyard, if you have private access or something like it can very easily be rented out, detached garage conversions are actually even easier. of course do your homework, zoning, lot coverage, and setback laws in your neighborhood may prevent this to some extent but worth looking into for ca$h flow!

@Frank ChinMy attorney has stated to give them a 3 day rent demand followed by a 14 day rent demand and filed for eviction from the court although it wont be processed until after August. 

Unfortunately, the whole "tenants are a nightmare" and "good luck trying to evict someone, you're going to end up paying for a single mothers housing" type conversations wont stop!

I wont want to manage the property from Denver.

If that rate is even real, then take it, you wont get any better rate.