Our agent found the property and brought it to our attention about the seller financing option How did you finance this deal?

There are three options that may occur but we know the third has the same odds as a metor hitting the earth.1.

Maybe take a breather, reassess your goals, and explore other investment options that align better with your risk tolerance and financial objectives.

I can get you some options on tapping into the equity of those properties.

I also regularly come across off market sellers and my team member owns a STR management company, so I direct all STR underwriting to them as they are the experts on performing/non performing properties for STR strategies and then identifying options.

Find a company that can walk you through their process, has flexible spending options and no high-spend minimums.

The activity options are better as well.

Two options-tell them to move and not renew their lease, or see if them paying 50% of the rent on the 1st and 50% on the 15th would work better for them-stressing that it must be paid on time (do a 3 month trial) or you are simply not going to renew their lease.

If it is livable, give him the option of moving out for a few weeks or a reduced rent while the repairs are being done (depending on how long the repairs will take).

I am in the northern Utah market, and although we don't have a lot of slab foundations, PEX is the go-to plumbing option.