With that said, tread a bit lightly. 

After all, if a judge ordered the eviction in the first place, there must have been a good reason and who am I to second guess it with only half the story being told to me (in the most favorable light I'm sure). 

But your COC return is now $2000/$20000 or 10%.Also notice you have $80k more to invest in other properties.The trick is to use the use the leverage to increase your COC returns but not use so much that you have cashflow problems.Also, there are several articles here on the site that explain this in a lot more detail:http://www.biggerpockets.com/renewsblog/2015/04/18/leverage-vs-pay-cash-rental-properties-debate/ That's puts it into the light a lot more thanx.

Any light that can be shed on this matter would be highly appreciated.Thank you,Crystal

He usually uses $20/sq ft for a Basic Remodel ( new kitchen, baths, flooring, paint in & out and lighting ), but all that is not needed here.

The tenant who lives over there installed light switch using metal cloth hanger....  

If some one could shed some light on this it would be great.

P.s, I'd like to thank anyone who can shed some light in here!

(Now I relies that I didn't save anything hear but I'm starting to see a light at the end of the tunnel hear).

When you mentioned there are plenty of investors with financing lined up is that a product of the investor(s) having an already established relationship with banks/financiers who are giving them a green light based on prior deals?