This means the person is out in the area everyday and should have a good idea of what's available in the area you're looking.

How about the severe reduction fix/flips available?

We have no other debt.My question is whether it makes more sense from a financial point of view to pay down either of the houses or whether we should look into buying a property that does have a positive cash flow (there seem to be quite a few available in the Reno area) and use the left over equity from our Reno property to do so.I don't like the idea that we are stuck with the Las Vegas property at this point and would logically conclude that paying down that property until we have a situation where the equity is at least zero is the first priority.

Explain the situation calmly preferably while sitting down with her and explain what the lease says as well as what options are available; however, bottom line she caused unreasonable damage and not typical wear and tear on items.

From what i can see the FHA 203k rehab loan is only available to non-profit investors.

A useful proxy promulgated by FINRA is available here:What FINRA Thinks For Securities-Based OptionsVolatile securities are arguably more demanding of more diligence on the part of the person selling the security.

My question is, are there any options available for me to buy the house as though it was a cash offer?

When hard money is available @ 10-15% with the right deal.

Whether merely for a 1031 exchange towards the next rental property or as a buy-and-hold property for the long-term; I want to leave both options available.

So be careful of what you hear.Also, the deadline if simply for them to be sent out of available.