After hearing that I definitely got excited and started counting chickens before they hatched, as 1800-2000 extra dollars a month would super charge my cash flow.

An example of a reason to talk to them might be "Cash For Keys", to offer them a chunk of cash to leave instead of going through the eviction process.

However, while we were cleaning up, we treasure hunted out at least $3000 stuff, including $300 cash on the floor, several un-opened Amazon boxes, new-in-box computer/gaming items, hair tool ($300), YouTuber's gadgets, new with tag heated jacket ($220), an unassembled exercise bench ($500 at least), so many new or near new stuff that you can sell.

If it were me, I would sell it and invest in Ohio or another cash-flowing Midwest state with landlord-friendly laws. 

Purchase price: $220,000 Cash invested: $50,000 Duplex with large basement unit What made you interested in investing in this type of deal?

I'd agree with @Josh Bowser about renting for now and revisit this again in a year if you don't need the cash for ATL home.Feel free to reach out if you want to discuss options.Good luck with whatever decision you make!

I would think of this problem differently: I might encourage them to explore ADUs... this would give them an additional stream of income and would likely only require a relatively small chunk of money in their savings (relative to the total cost).If they could partner with someone that has experience building and/or flipping (to qualify for the construction loan), then cash them out with a 30-yr DSCR loan (and use that as the builder's profit), then they could rent the property and enjoy the cash-flow.

Purchase price: $252,000 Cash invested: $65,000 PP 252k5/5@ 5.75%Rehab cost- 20kARV 350k-370k What made you interested in investing in this type of deal?

What you're seeing is a lesson I didn't learn until after I'd lost a lot of money: It's really, really hard to find properties that cash flow well.

However, with the projected negative cash flow and uncertainties of remote management, consider the financial strain and risks.