What about filing for eviction with an emergency motion to vacate the premises during the pendency of the proceedings due to unsafe conditions?

I would do one, minor rehab via contractors, rent it, and keep the rest handy for emergency repairs. 

You're still way under market, so even if a catastrophic emergency happens, you can exit your position and still make some cash.

Who cares if yields on these riskier assets resemble LTR yields several years ago … it’s the best option we have So more supply is on the way while demand is normalizing post-covid, bringing revenues downAnd yet more headwinds are on the way. another threat is an emerging class of better designed group hospitality assets.

I personally would spend $500K to pay cash for B/C single family rentals in the Oklahoma City urban core and retain the remaining $100K for an emergency fund.

If you chose you can create a matrix they would use to handle emergency repairs. 

If its not an emergency, don't immediately respond to their requests, even if you are available.

@Manju Nat The area you mentioned is historically a higher crime area, though as Spokane evolves nice pockets are emerging all over the place so consider each place on it's merits.

@Theresa Harris, right, honestly I think it was done out of anger. currently my lease only clearly spells out quarterly inspections, with the right for emergencies of course.

The other is a duplex, it’s gutted and the current owner started putting up drywall, but it seems like maybe they ran out of money or had some kind of emergency and couldn’t continue.