Take a clue from the US goverment.Another way to optimize is liquidate properties that don't have the best long term prospectives and trade into better quality assets.

Should there be any uncertainty,talk to a real estate attorney but not taking any kind of action puts you way at the bottom in the learning curve to say the very least. 

Now you just need to focus on education, networking and taking action.

If you ever have any questions, the community is great at provide actionable feedback.Joe

Otherwise, you would look up the applicable construction code for your area and the associated licensure or registration requirements for various trades/contractors --- just call the town! 

Contact an attorney to see what your best line of action is.

Normally you lose the deposit and that’s about it…At the same time, I think taking action is a good thing.

I’m definitely taking action on this.

If the Tenant isn't paying, but is willing to work within the COVID guidelines for aid, you should be able to receive funds from the relief.If COVID is NOT their excuse (whether legitimate, or not), then go ahead and file eviction action. 

✔️Purchase Price: $1.36MM✔️All capex will be included in a bridge loan✔️Will refinance into FreddieHere’s our plan:✅ Pave the parking lot✅ Build 3 additional units to utilize unused space✅ Perform light interior upgrades and bring rents up to market✅ Implement a flat fee for utilities ✅ Improve outside landscaping✅ Engage a professional property management company team to improve inefficiencies “The path to success is to take massive, determined action.” - Tony Robbins 🔥