In March 2022, my dad passed away and I became administrator of his estate which included his home which was purchased in 2003 and had a 30 year mortgage balance of around $70K.

The Intermediary can then sell the note to any party, including the seller or a seller's family/friends. 

@Pradeep Prabakar Ravindran Assuming you have lived in the house for at least 3 years, you have several years to take advantage of the capital gains exclusion.

They can provide insights into whether locking in a new rate now could be advantageous or if other financial strategies could make holding the property more viable.Additionally, consider the overall financial picture, including your ability to cover the mortgage without the rental income covering all expenses.

I got some contractors for you if you are looking to get into a flip but before that you really need to educate your self on the market. 

Or, a charging order may be granted.If you're going the umbrella insurance route, perhaps see if it will cover you for several things including just the routine slip and fall (like mold or earthquake).

I have a tenant in an out of state property which I am self managing.

I also like to "borrow" ideas and look at what amenities are most popular in that area so that I can include those amenities at my property.

Inspect the property to determine what is causing these problems and document what the tenant is doing to cause them.Your lease should include a statement that the tenant is responsible for ordinary pest control.

Then, once you own it, you can look into refinancing without the risk of a lender failing to perform.As for which strategy to choose, think about picking one that fits your situation and has the best chance of success, especially since you're new to investing and live in another country.Vision the follwoings:Option 1: BRRR - This involves a lot of micromanaging and supervision work during the renovation process, including dealing with contractors, permits, and other details.