I did explain to them their options they had (such as sell it on the market, keep it and file BK, get a loan mod, and credit counselors out there who could potentially assist).

Since the space is usually open where the pews were, it gives you a lot of options for games or unique things for the space.

One thing sure to get you extra damages is a "known hazard"  Get a few complaints about something like a slippery deck, then don't address it and see how high your damages go. 

Another option for me is this. 

Yes, I was actually thinking of looking into the SBA loan options.

Given our distance, new construction appears to be a promising option.

Absolutely looking at other options (including direct booking) because want to keep learning, improving.

You might want to consider other options, like teaming up with a reliable friend or family member, to navigate this situation.Getting advice from experienced professionals in the real estate industry can offer valuable perspectives and assistance in dealing with legal and ethical issues.

Depending how much you earn you and how much extra time you have available you can step up those savings by getting a side-hustle in any part of real estate....working for a top Real Estate office on weeknights and weekends, working for an RE Investor, working for a General Contractor and learning a few skills, etc.

Divide how much extra monthly rent the improvements may lead to into the $30k cost to determine how many months it will take to recoup the investment.