Assuming you could carry the payments in the case of a loss of a tenant, at least with the least option ... you can just keep collecting NROC while you pay down your seller financed mortgage.

Much of that was the surprises,  but a portion was the extra time and effort it took to figure out some of the new things were were undertaking (like the floating subfloor).The more painful bit was the length of time the unit was off-line - almost 6-months and the loss of revenue that goes along with that.  

I am just at loss on figuring out how to put all the pieces together.

I think when I was in my 20s, there was a certain reckless abandon that helped me win big on certain deals (deals that I wouldn't do now that i am older and more cautious) and taken on big losses.

Now I am concerned that I may need to take a loss on these brochures.

How will you manage insurance matters, losses and disbursement through your position?

Conversely if someone is sitting on 5 million and they take 350,000 and put it into a value add project and it drops to 250,000 and they lose 100,000 the 4 mill plus leftover will take not much time at all to generate that loss back into a gain.

I suppose I could call any RE agents in the area and see if they have anyone looking for investment property...other than that I'm at a loss. 

this is pure loss profit for them; instead of getting rid of it and take a quick loss, they are going to need to raise more funds to rehab it, and at the end they will not make that much profit if any because of all this time lost. " But then Humans make mistake mostly when cash is involved. 

Your sincere sympathies for their loss and if your services can help in any way feel free to call even if just to ask questions.