For house hacking your first house these things don't need to be overly complex, but you do need to think about them.

@Cory Waldronstart with a house hack. 

Trying to keep an existing tenant often produces more trouble than it's worth.To answer your original question, you should absolutely give them a deadline and a consequence.

I'm currently looking into the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat) and need some advice on structuring a deal for a house that's in foreclosure.Here's a brief overview of my situation:Property Value: According to Zillow, the house is worth $649,500.Current Loan Amount: $470,000, which is the current market value without any repairs.Funding: I'm looking for a hard money lender to cover 100% of the purchase cost and rehab cost.Tenants: I already have tenants in place.I'm working on getting the exact numbers for the rehab costs, but I would appreciate any advice on how to structure this deal effectively.

Keep that team busy and sticking with you.The chances you find a team right NOW with your 1 house with them wanting to work with someone new is so slim.

I also house hack my primary and the income is more than the PITI!

Taking an empty site or reimagining an existing/abandoned building into housing or mixed use is most definitely a goal of mine.

Sell house and buy a cheaper house all cash avoid the current high interest rate.

It has a house up front, and 4   2 bed/1 bath  apartments on a back. 

It takes to long which is a problem, but I cannot write $10-20k checks to have someone else do it, nor would I be able to continue to buy houses if I was paying contractors.