I coach on the weekends and afternoons of the week.I'm just confused on how to get started and what to focus on as a first step.If you were in my situation, what would you do? 

As you said, it's not worth enforcing something that might create a potentially dangerous situation for my tenants.Thanks!

@Mitch P.Yes, you can cash out for the full amount of LTV that the lender requires - some require 75% and some allow 80% - also, a lender that allowed 80% may require 75% on another deal if your personal situation changes - debt to income, etc.The deals are out there - I am constantly on HAR looking at my target neighborhoods - I also have automatic notifications set up when a new property comes on the market that meets my criteria.

What will work best for you will depend on your situation and goals.  

Forgot to mention, they only get this application if they pass the phone interview.Once they return the application, I can then verify their job status, current living situation (meaning speak to their current landlord if they're renting) confirm employment etc. all before doing one showing.  

I tried to find the answer myself before posting but couldn't find the same situation. 

My situation feels like a 747 with engines out, trying to maintain altitude.  

I am new here and could use some adviceHere is the situation:  I own a condo in South San Jose, CA that needs a total gut. 

I'll give you the good, bad and ugly takeaways for our current situation.

I am currently in this situation but as a seller.