and are you looking to walk away with cash or simply refinance (meaning paying off) what you owe? 

My plan is to buy the house subject to their existing mortgage, renovate the property, refinance it and pay off their remaining loan balance using the money from the cash out refinance.

How much less will a potential buyer pay for the house, now that one "bedroom" does not have a closet?

If they failed to pay the bill and utilities are shut off, they are responsible for any damages caused.

I had a nice conversation with them and approved their booking for Aug 2025.So, it pays to keep an eye out for a repeat booking that looks fake as they could just not be seeing you responses. 

Unless new companies create replacement jobs, the only remaining positions will be lower-paying service sector jobs.

She does not own the lot and pays like $150 per month lot rent.

https://treas-secure.state.mi....some things to keep in mind:-Non owner occupied properties pay 18 mils more in taxes in Michigan - Even with the SEV you should plan that the SEV will go up.

@Dillon Clark-don't pay extra down on your mortgage-don't use a HELOC-save up as much as you can-hope this helps

It seems more your fault for choosing the "lying" contractors from the tenants point of view, if you ask them to pay up, I'm sure they would.