You could sell the land.Hopefully you are seeing the challenges here now, so I will suggest one last option -- give the land back to the previous owner so you can stop making payments.Good luck

@Brian Garlington, thanks for the suggestion.

Any favorite resources you can suggest would be great!

I've had luck before getting rid of smoke smell with this method.Worst case scenario, if it doesn't work, you can clean the walls, ceilings, doors, replace carpet like Max suggested and then repaint.

If you want to continue doing it, I would suggest that you have a back-up payment method like Cozy.co already in place and make sure that the tenants know what it is and how to use it BEFORE it's necessary.

Wow.... 500k, my suggestion is multi family buying one house at a time will take a lifetime.

My question for y'all is more suggestion based or what would y'all do  and what your ideas may be.   

Any suggestions welcome.

I would suggest saving up some money before you dive into real estate.

I would suggest trying to purchase your first house hack.