, IF he does not disappear, IF he has skills to match the flip you do.7. 

I highly suggest you get in touch with your network and find out building code, what sort of structures you can put on your lot, and what the safest, best options are**NOTE** A container is NOT a secure choice UNLESS you take pains to make it secure.

Happy to refer a company that can field and dispatch maintenance for you if that's a management pain point for you.

Its either that or go the legal route, but with them moving in 2 weeks it looks like they're going to disappear. 

Hello Kanica, I understand your pain point and it most certainly can be a challenge.

Refinancing to a larger conventional mortgage doesn’t sound like it’ll make sense. 80% LTV would get you a $120K mortgage, only $30K more than you have now, and you’d probably see $5-7K of that disappear into closing costs.

Unless the winning bidder on this one is an owner occupant with lots of cash OR a rehabber who is also a contractor and a realtor, I fear there will be some pain in a couple of months.

Spot on @Bill Brandt, if @David Lock simply helped his parents out but left them owning the land until they passed away he would get it at a step up in basis and the tax would disappear. 

Also tradesman are booked up with ton of work so can be hard to get small projects done well or it'll be expensive unless you have solid connection and even then a pain Things are slowing down though but by no means are people dumping properties and if they are still plenty of cash flush buyers. 

@Johann Jells,Thank you for sharing the awesome NJ Truth in Renting link.The reason that's a pain is it's harder and more expensive to reno piece by piece, and to reno with tenants in place creating logistic and deadline issues.