Once you add up the lost rents, damages, and increased liabilities this tenant brings you're better off starting proceedings now.Another option?

The better option is for the Seller to pay your closing costs.

I would change my tone with the old contractor and notice him in writing he's not welcome back to the property and you are looking into option to hold him accountable.

They've made Detroit real estate investing a viable option for someone like me who values a hands-off approach.

That seems to really restrict the buyer's options and avenues for closing.

I'm in Atlanta, GA which gives me fewer options with that budget unless I go with condos with HOA's that allow rentals, or venture out to towns outside of Atlanta like Macon, GA, Athens, Lagrange etc...

I would recommend reaching out to a few to get a better handle of your options.

Is sending out some goombas to break knee caps an option? 

These were the options that were presented in the signing documents as well as the option for the amount I'd like to initially draw.

I can put X down and would you seller finance or lease option the rest for a 12 month period or 24 months so I can have 2 years of work history and then get conventional financing?