You might consider engaging an attorney to draft a "Mutual Agreement to Terminate Lease" or something to that effect that is valid in your state.A simple 1-2 page agreement outlining that 1) she has surrendered or abandoned the premises, 2) you have her permission to dispose of her personal property, 3) and you have her permission to liquidate her deposit for past due rent, can save you tons of potential legal headaches down the road, and would likely be far less expensive and time consuming than an eviction.Forget trying to collect on the remaining months of the existing lease.

So we are searching the MLS looking for distressed properties as we know the area well but this market is higher than any.

It is easy to comment when we are not seeing the full scope of everything though. 

(rents are increasing in the area, but we are heading into fall/winter where the tenant pool is lower) Assume that you would get pretty much all your money out on the refi.

We are located in New London county with properties mainly in Groton/New London/Norwich.

We are very close to getting our first place for a house hack.

We are wanting to get out and get to know everyone.

We are using our funds at this time to get us on our track to build up our Business JCT Properties.

We are considering purchasing new properties by financing them. 

Welcome to this houses episode on Flip or Flop, where we are gonna risk it all in hopes of making a couple bucks.