Recently my wifes parents went ahead and split up their inheritance and my wife received her share of the inheritance, they wanted to do it before they died cause they would rather see her benefit while alive...Anyway, Its a piece of commercial property that is paid for completely right downtown.

A rusty panel needs to be replaced and the cause of the rust needs to be addressed. 

This poses a few problems: 1) we always seem to be competing with one another. 2) There is no standard of care between the buildings, both of mine have been re-roofed and re-sided, other have the 1970's wood siding rotting off. 3) We compete with rents, and it has caused some owners to say that this is their worst property.  

Bad neighbourhood older house that can cause more in repairs down the road depreciating home values etc because the obvious answer would be to buy and hold and rent it out purchasing a property at $40 000 give or take with an $800 gross income can be recouped very fast vs a small $10 000 lump sum something just seems off as to why a you are struggling with a decision

Will the refinancing of the appreciated value of your rental cause your debt service costs to increase and put you in the red?

@Cervi I'll pass on this deal cause once you pull the carpet & padding up the stain of urine still my be on the concrete or the wood floor. 

Yes, it is a major rehab, which is why we are worried more about them staying past Oct 31 than causing damage.We gave them two options in our counter. 

It can also cause us to be inactive however which is a negative.So there is a balance on how to use fear in a positive way.

This is in the Palm Springs area and it is a desirable place to live so even if she left, I know tenants are not hard to come by.All of my deals have been "low hanging fruit" wholesale deals with equity cause this is who I have been direct marketing to but now running ads this is my first lead that is not so clean.Is a seller financing situation the best case with a down payment of the balances owed being worked out?

Now the outside of the wing wall has fell and caused my portion to severly lean, and now they say it's ALL my resposibility, even though they told everyone else that their wall was their wall and my wall is 50/50.My Insurance does not cause pay for structural damage,claim denied.