I normally would not say this but if you have alot of equity you may want to consider selling the property to use the funds to bump your credit up and buy more real estate or possibly do it via an installment sale with a large down payment to get a cash infusion to payoff the loans and cards. 

Every time something is a pain in your rear you can either engineer it out of your future experience or lose hair.

Ken Domond Full-gut, across the country, boarded up, dilapidated, low(er) value area...as Clubber Lang would predict: PAIN.

Many people break this rule, but just be warned the fines can be stiff and painful.

I am thinking about renaming the LLC now, but I have a feeling it is going to be a painful process since I have multiple bank accounts associated with the LLC at Bank of America and they told me I would have to close all the existing accounts and get new ones. 

I forsee pain, lots of pain.  

The $142k budget won’t change our lifestyle at all or cause significant financial pain but I would definitely prefer not to lose itThanksTyrone

getting any licensed inspector to inspect for fee is easy, closing is sort of easy except the going to u.s. consulate for notary is really sort of pain actually, getting any rehab done small, light medium post closing is not easy, having any project manager manage any kind of rehab is not easy, weather using conv, loan, using hard money even harder, more sweating bullets..all doable....trust, relationship key, vulnerability can be minimized but unavoidable.matt, thailand

Burnouts can be really challenging- from a permitting and engineering side, and I know a lot of generals who won't touch them just because the logistics are a pain in the butt.

And sometimes, they are lower than expected and you come out ahead (or at least get to defer the pain)!