I do need to cover the remaining $9,000 out of pocket (I am in a similar spot, billed monthly and the leak started soon after the last reading)The company does offer a payment plan, but, since the bill in in the tenant's name he would have to go on the plan and I would need to figure a way to pay him monthly. 

I was able to offer quick closing to help the seller out in offloading the property.

Thank you  Do you own the property or are you trying to get a bid so you can than make an offer I was trying to get a bid so I know how much to offer.

@Hunter Schenk can't help with experience, but curious if the city will force you to offer a percentage of the units at "affordable" prices?

An Air BNB COULD be active and subject to SE- however it really needs to be fully operating like a hotel, offering much more in terms of services than what most offer.

Cities and regions experiencing economic expansion tend to attract more renters and offer better long-term investment potential.

A cash out refinance is set up on a 30 year mortgage so it offers a lower payment and rate.

DSCR cashout refi is probably the best option for a combo of speed and good rate/pricing, but a lot of DSCR lenders will balk at mobile/manufactured homes.

The property I am making an offer on is turn-key.

A lot of times they will prominently display an appealing cap rate, and then you look at the offer memorandum and it's clear that they are advertising a "projected" cap rate based on "projected" rents.