Even if you did not add endorsements for service line or sewer system replacement if the damage is part of a covered peril it's possible your insurance will cover some or all of it.What were the communications at sale regarding the water problem?

Its alot cheaper than an eviction (If it works) I would start with the amount of their security deposit!

Don't forget to tell the tenant where you will store their security deposit.

A lender needs to know what problems their loan products solve and what they don't. 

(i) Tenant is responsible for all damage caused by smoking including, but not limited to stains, burns, odors and removal ofdebris; (ii) Tenant acknowledges that in order to remove odor caused by smoking, Housing Provider may need to replacecarpet and drapes and paint the entire premises regardless of when these items were last cleaned, replaced or repainted.Such actions and other necessary steps will impact the return of any security deposit.B.

Find qualified partners such as lawyers, accountants, managers, loan specialists, insurers, etc.Good luck!

I am understanding that securing financing may be hard or near impossible with those late payments.

Lessons learned is to ALWAYS have capital liquid for fixes and damages in the property and to always background check your tenant as a bank looks through your payment histories to give your the loan same with the tenants our current tenant has not missed a payment in 2.5 years, w/ a stable job and kids.

But there comes a point where it just does not make sense to even do the loan and it becomes a game of who will do it for the cheapest. 

My question is - if I wanted to take a loan out against that property to pay debt I owe in a different country and buy an investment property in a different country:1. would I be taxed on it?