Check in with him on the mortgage side first, there are a lot of creative income programs currently, including a P&L statement for entrepreneurs which could require less down..Good luck! 

For their upcoming renewal, I would like to draw up a brand-new lease and add an updated pet policy so they will know my rules if I give written permission (they have asked us to consider a dog- which current lease says no pets, but considered case-by-case). 

Currently you can find 1000sqft apartments in decent neighborhoods starting at $45k and homes starting at $60k , this is info i found online Bolivia is one of those places where people are still old school and you find the best deals by word of mouth.

You dont "end it".... you just dont renew it when the current lease terms expire.

The place is overgrown and currently not liveable but is on a town road and has water/electric/sewer.

I am currently working with ADOR and some other parties for a solution to the problem.

We currently attend REIA's in FL & NC monthly so those states are mostly covered but still open to hearing about any great events! 

Our current investments have been in San Diego and got lucky with appreciation and rental rates, but we realize that we need to explore out of California for an investment to make sense.  

If there is damage to the rental, we will treat your deposit according to state law and your lease.If you choose to reject this offer and decide to stay, we will interpret this as an acceptance of the rental's current condition.

@Jesus C. tryNARPM.comAlso, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.