I need some advice on the following situation.I am sorry for asking such a basic question, but unfortunately, I am still new to this and never dealt with this type of scenario before.I have a single family home that is part of an HOA.My main goal is to protect the asset and avoid any potential financial loss as much as possible.The current lease agreement states that the tenants are responsible for mowing the grass.They are also responsible for paying any HOA fines, etcUnfortunately after multiple attempts to get through to them to cut the grass, the grass was never cut and the yard is getting worst and worst.They also refuse to turn on the sprinkler system which is causing the grass to slowly die.

A potential tenant filed a housing discrimination by maritial status against me (Owner) and realtor (Rental). 

An additional benefit of a detailed engineering-based Cost Segregation Study is that it can increase potential insurance premium savings as well as provides support for the property tax appeals process.

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

So, interest rates still present a major headwind to the Austin market by making ownership more expensive in a market that already struggles with affordability.What if I’m a buyer?

I don't know the numbers on your property, so I'll create a hypothetical:Assume your principal and interest on a $300k loan is $1,263.You're sitting on the potential to get $155k (tax free, btw), but the rate will be 7.5%, taking you're principal and interest to $2,100.Yes, it's $900/month more, but you have $155k of tax free money in the bank.

That's what retail buyers, at least, are looking for.

Probably another 10-15k if doing a flip to fix some structural things the next buyer will no doubt discoverARV: $175k.

Are you going to run a full background check on these people or are you going to just risk your family with renting to a potential child molester or serial killer?

I’m in search of existing investors or STR operators in Utica, IL, Ottawa, IL, and the nearby Starved Rock region for potential gatherings.