With no flipping experience, a realtor who isn’t helpful, and no interest at $400k for a $550k ARV for over a year, something seems suspicious (possibly a rural property?).

Any help would be great - thank you

In fact, we have an emergency option on our call-tree and over 90% of the time it is used, it is NOT an emergency.FYI - in the PMC industry emergencies are referred to as, "blood or flood" issues.

There aren't many multifamily properties in my area (24 at this moment) without paying way out of my range.Saying all that, I'm still new to "running numbers" but my lender has been a great help in showing me things like: my property tax when I'm not living in there, taking a __% seller credit to reduce interest for better monthly payments, or different loan options compared to others.

In this Spreadsheet I am comparing: OPTION: 1 Conventional Financing for "Buy & Hold" for a Rental vsOPTION: 2 using "Subject To" and Reselling to a Tenant Buyer OPTION: 1 As a Rental, the Kitchen and Bathrooms needed updating requiring about $5,000 of work in order to be ready to be a Rental.

I recently began my journey as a Mortgage Loan Officer with loanDepot, where I help clients find the right financing solutions for home purchases, refinances, and investment properties.Before transitioning into mortgage lending, I spent years in institutional finance and trading, where I developed a strong foundation in markets, risk management, and client service.

Lending, what are our options?

Please help asap! 

Thanks for the help. 

Eviction isn't a great option here- I think you'd have major problems in court proving which tenant caused this issue or if it were tenant caused at all.