The most difficult is picking a direction and then comes the 2nd most difficult part, staying with it.

One side is currently rented and would be able to stay rented with the work needed, which would help with holding costs during reno (which is projected only abot a month on the duplex). 

I was the seller, and negotiated with my buyer that I could stay in the home, after closing, for X days for $Y rent.  

We haven't talked about the details yet, but I am under the assumption we would both like to do this extension outside of VRBO.He stated that if we are to extend his stay, he would prefer to pay us at the beginning of a month, for each month he will stay going forward, instead of paying one lump sum like he did on VRBO.

just want to add to what Wayne already stated very well:building and code violations always stay with the property.  

21 properties good job i feel like Im staying behind with my 14 rentals.When did you get started and whats your goal to reach whats your  exit strategy Mine is 40 and i got started  in 2005 no exit strategy keep them for the long haul 

i might need to stay an extra week and im sure hes gonna want me out to get the place ready for his next victim lol. 

I am staying surprisingly calm considering how crazy it is that this is happening. 

The down payments on those are at least 35%.As @Dave Van Horn points out, if you stay with 1-4 unit properties you can get conventional, 30 year fixed rate financing.

It is our job to bring them together and stay out of their money.I too like the postcard and thought it was a great solution, but there are a lot of people telling me the same thing.