They had a lot of financial issues when they moved out and I'm waiting awhile to give them some time before filing a judgment.  

So, I am thinking of couple of strategies.1) To sell and reinvest in other properties, i will have to do a 1031 exchange since it has been about 5 years since it has been my primary residence.2) continue to rent it out and wait for value to increase further.

He's sitting at home waiting for a paycheck from me.Anyone have a formula or calculator for this? 

I'm waiting for the market to correct, and considering building 4-plexes in the outskirt areas mentioned above.

I’m still new to this and think the floors can wait, thoughts?

Currently, we've decided to split the cost of a new septic system and still waiting for engineering plans to come back.

Apartment rent here can run $900-$1100 easy here so when you offer someone a garage, a private yard, their own laundry and a couple thousand sf for a few hundred more they jump at it.

Do I have to wait for that to fall off?

If you can take a reduction today, I can buy the house before it goes to foreclosure and you save the foreclosure expenses and risk of it going to the city if it doesn't sell.They might be more interested if you want to increase the tax value, for example if you want to build a house on it.Otherwise you have to wait until it goes through foreclosure and you never know when that will be and at what price. 

So it would be pretty common for you to wait the one year only to find yourself looking for anther tenant anyways.