Our LLC sold a rentallease states that once sold, tenant will be notified and have to move within 30 dayshad to file a summons and complaint to recover possession due to the following1 tenant unauthorized changes to unit 2 damaged pipes by tenant3 property sold and new owner does not want tenantthis is Detroit... 

The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Alternative: Rollover Funds to A Solo 401k & Take a 401k loan or Invest in Real Estate DirectlyIf you are self-employed (i.e. active self-employment earned income separate from your w-2 income) with no full-time w-2 employees, you can set up a Solo 401k and then rollover your 401k funds once you leave your current job [NOTE: You generally can't rollover funds that you saved to your current employer plan until you quit.].You could then take a loan of up to 50% of the balance not to exceed $50,000.

The normal course of action would be to file forfeiture, take the properties back, and resell them to someone who can make the payments.  

LOL dude I’m telling you I filed a post for possession last April.

Maybe also file a lis pendens to cloud the property until this is resolved.Document everything you have on the matter.  

@Michael King I reminded them of the payment process and when evictions would  he filed.

This is something I am not personally worried about as I have a very high deductible and would not likely file a claim, and the ACV is much cheaper than Replacement. 

Negative credit history including bankruptcies or repossessions is unacceptable.Applicant is preferred to have a minimum of one-year verifiable rental history.

I got it back in my instance by calling my agent and dictating exactly what I wanted him to tell the sellers agent - "The owner WILL sign the EM release by close of business Friday or I WILL file suit at start of business on Monday". 

Normally this boot would be taxable but since you qualify for the 121 exemption your accountant files the appropriate form with your tax return and that $500K is tax free.Meanwhile the remainder of the gain ($300K ish) and all depreciation recapture go into the 1031.