My limited knowledge was based on people being frustrated with trying to get foreign loans, and dealing with red tape. 

Also the cash flow from the property probably won't be enough to repay the loan.

There are typically a dozen hands that touch a loan before it closes.

In addition to cash, we financed the property with a loan.

I have been digging through the guidance and am wondering if anyone has ever taken advantage of the following clause regarding 203k improvement types from the HUD SFH Handbook 4000.1, pg 374:- "reconstructing a Structure that has been or will be demolished, provided the complete existing foundation system is not affected and will still be used;"- "repairing, reconstructing or elevating an existing foundation where the Structure will not be demolished;"Guidance link: https://www.hud.gov/sites/dfiles/OCHCO/documents/4000.1hsgh.pdfHas anyone ever built a new home on top of an existing foundation using a 203k loan?

Rough estimate is with the new loan it would break even cash flow wise for now.

I agree it might be best to avoid being overly confrontational about their situation, but instead offering what you might be able to help them with.I worry calling 500 people in a week might not be the most efficient way to do this.

What would YOU do if your PMC used an unlicensed and/or uninsured vendor and they caused a personal injury situation with a tenant that led a tenant to sue you?

Here are a few tips to help you with your rental situation:1. 

@Justin Reyes Let me ask you this...If you owned a marketable piece of real estate and no longer cared to own the property what would you rather do: (a) Sell the property, pay off your mortgage and move on to other opportunities; or(b) Sell the property without paying off the loan,  remain liable for the loan as the note signer and trust the buyer will continue to make payments on that loan, and if they don't your personal credit is damaged?