How do you receive payment?

I know that fannie mae recently changed its guidelines about multi-family property loans, and now allows a 5% down payment for 2-4 unit homes as long as the owner will occupy one unit.

The flooring costs came out to $6000 total ($500/month) which effectively reduced their monthly payment to $1000/month. 

The tenant started getting VERY behind on rent payments.

You could sell everything off and live off the cash.You could learn about seller financing and sell your properties over time, collecting payments each month without having to deal with tenants and toilets.Have you looked for a local investor group? 

I make a little over 100k a year and have 50k currently ready for a down payment. any insight would be helpful.

You should certainly start the process earlier than maturity, especially at the very least within a couple months of the maturity date - there can always be things that cause delays and pushes and even missing the maturity date by a couple weeks can have harmful consequences (since it will technically be a default / missed payment even if the lender is OK with it).Also, commercial loans even with the strictest prepayment protections / lockout periods will almost always have at least a 3-month open period prior to the Maturity Date

You'll have to replace all of that too....And the Case molding will have to be saw cut as well.It'll be easier to just replace which is what they're technically requesting anyway...

Gain immediate access to all of the Bootcamp's content upon payment and review on a schedule that best fits around you.Our Self-Guided Bootcamp will feature the following courses:Being a Real Estate RookieBeing a Rookie LandlordSTR or Short-Term RentalsInvesting in Multi-Family PropertiesHouse HackingCan't wait to jumpstart your investment success?

Then they start trusting me lol.The ones asking you to reduce your commission and low ball, cut them and move on.