Like you said though, perhaps something about adding interior walls will require permits or otherwise trigger some other actions, so I will ask the question.On the bank financing, I think that's also a good point.

This was before listening to the BP podcast so I didn't think about cashing out- I figured I could do it when I had a deal (now i know it costs $5k just to refinance and the fact that my interest rate was going to be locked in at 3.25%) I could not have known how much interest rates would increase.

And, if you had to reduce your rents, aren't you locking yourself into an extra 4-6 months of that low rent?

Does there come a point in your process when "too much is too much" and you talk yourself out of the deal....when do YOU decide to just "pull the trigger"...

So our options are: 1) Buy the place now, deal with the problem tenant, know we're losing at least 3-4 months of rent, and risk the unit being trashed by the time we can get into it, 2) Have the contract run until after the court date, let the current owner deal with the eviction, assess the condition of the unit and adjust price accordingly, and risk interest rates being higher when we finally lock in our mortgage rate, or 3) Walk away.I've already budgeted in some money for the lost rent and for renovating the unit after the tenant is out, but it still seems like an awful lot to deal with and a lot of uncertainties.

Hello BP community, this is my first (of hopefully many) postsI'm starting out my RE investing journey and hoping to lock-in a 4-10 unit MF property as a first milestone. 

An additional solution might be to install a childproof lock on the back door (or whatever doors leads to the pool) so that only adults can open it. 

On my lock screen, i see it everyday, wether I want to or not. 

As wages are increasing now, triggered by overall inflation, the rents will come back to improve the ratio in the next few years.

Put up a simple cyclone fence with a lock to keep residents from accessing any furnaces, boilers, etc.