.- consider investing out of state if your local market is not cashflow-strong.- set your 'living off rental income' financial goal to ~2x what you actually spend every month, just in case. i wouldn't let go of my other income streams until that point, but that's a personal comfort level.- if you CAN live off other active income, you can keep reinvesting your rental income and build wealth faster. david green preaches this on the podcast a lot: find a job you aren't trying to get away from.

It's allowed me to do some of my own work like changing toilets and fixing leaking ceilings, but even if I don't want to do a job personally hopefully I'll have enough knowledge to not let a contractor over charge me, or recommend something I don't need.You'll also meet local contractors, and hopefully investors.They may offer an employee discount too.

@Jalen De Leon I find it is always wise to seek out local lenders who truly understand the specific market you're interested in.

I called a successful investor I met at local meetups who helped me walk the property (first time for me) and estimate a rehab budget so I can run the numbers and figure out what I can offer in the current market.

Also, I will need some direction to this local market.

Mortgage is with a local bank in a small town that the business uses so they would likely notice this change.If the bank calls the due on sale clause could I refinance at that point?

Here’s what you should do next:Check the Lease: Look at your lease for rules on early termination and notice periods.Document Everything: Take photos or videos of the property to document its condition.Send Final Accounting: Prepare a final accounting of the security deposit, showing any deductions for unpaid rent or damages, and send it to the tenant’s last known address.Re-rent the Property: Start looking for new tenants immediately to minimize your financial loss.Consider Legal Action: If the deposit doesn’t cover what they owe, you can take them to small claims court.Keep Records: Save all communication with the tenant, like texts and emails.Get Legal Advice: Consulting a local attorney who specializes in landlord-tenant law might be helpful.Best of luck getting this resolved.Carlos

I'm currently looking for a multi family (2-4) in my local market: Trenton, NJ.

Normally with distressed sellers there is deferred maintenance which can be expensive.I'm not sure what the square footage is, but new floors and carpet alone for an entire house could easily be 11k, so the price actually isn't all that attractive. 

If you are in California-look up your local laws.