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 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.

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

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.

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.

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).

Is it ever a good option to pull from your 401k to make a down payment?