My goal is to pay off bills from the construction, remove my co-singer, and purchase another property out of NYC. - The loan is an FHA at 3.25% Please help before I do something stupid!!! 

You do have to pay a fee for this, but if you have any questions on how to do it, feel free to reach out! 

Do you like cash flow and paying less taxes or are you looking for the highest potential returns with a bit more risk?

I ended up with the goal of living in the area paying less than what I would pay for rent ($1700) while building equity on a property.

If it is affordable just pay to have it fixed and keep the tenant happy.

I had a contractor that I had to fire last month for a multitude of reasons (using my materials on his other job, extremely substandard work that has to be redone by someone else now, not paying his subs,  lying about work being completed that was not actually done, etc).

The $30,000 will just about cover the entire mini-split installation and at the end of it the well have fully separated heating that the residents can now pay for.

Also, if the tenets already pay for their own electric and gas can you use RUBS (if leagal) for water and sewer?

We are not looking to pay 35% of downpayment.  

My most successful Syndication clients over the past 10 years have come from REMentor.