Phoenix has plenty of inventory right now and motivated sellers will eventually come down to reality when their properties sit for 90+ days.

What does your lease say will happen if it converts to month to month?

I definitely think it is easier to get financing before converting to a PadSplit or use private money from people in your network.

If you really want rid of it, list it for cheap and take whatever you can get to pay some of your mortgage, and potentially look at moving your renewals to 6/18 months to eventually get to the top of the market cycle.

That money is intended as an insurance fund for the what if something happens and eventually it will.One more thing don’t confuse maintenance cost with CAPEX cost.  

Eventually, you’ll have to go back to work just to maintain your lifestyle.

Pad splits usually have large shared areas in addition to the private spaces, that is what makes them a pad split rather than just a house that was converted into an apartment building. 

Even the nicest rehab will need something eventually. 

If there are no notice time periods set forth in the lease, or they are not enforced, the tenant then is converted to a month-to-month tenant.

Ford has said the facility could eventually support 2,100 jobs, but timelines remain unclear.For real estate:near-term pressure in Hardin County is reallonger-term outcomes depend on execution and claritythis is a market where discipline matters more than optimismFord – LouisvilleAt the same time, Ford has doubled down locally:Louisville Assembly Plant selected as the launch site for a new EV platformtruck production ramps in 2026additional land purchased near the Kentucky Truck PlantThis reinforces workforce stability in South and West Louisville and strengthens supplier and logistics demand.GE Appliances – Appliance ParkGE is shifting production from China to Kentucky, investing heavily in Appliance Park with production beginning in 2027.