How do I approach this with the non-paying tenant?

And while most people are wrapped in a warm blanket of 𝐴𝑛𝑎𝑙𝑦𝑠𝑖𝑠 𝑃𝑎𝑟𝑎𝑙𝑦𝑠𝑖𝑠, opportunity knocks and you're not answering the bell.Here’s why your "watch and wait" approach could be costing you:Yes, values are softening in many places.

On paper, they looked like a strong borrower, but the tax-return complexity from multiple businesses made things messy.Here’s what ultimately worked for them:✔️ Used a closed-end second to tap equity✔️ Qualified using a 1-year P&L instead of full tax returns✔️ 738 FICO✔️ 81% CLTV✔️ $225K loan amount✔️ The lower-documentation structure brought DTI from 61% → 49%, which finally made the renovation feasibleWhat stood out in this situation was how alternative documentation options can make a real difference for people with layered income or complex business activity.

I’ve been approached by a lady to buy and estate for 65,000, the zestimate says it’s worth 180,000.

Happy we’re connected and glad you brought this up in the thread.

I would love some insight from anyone who has brought a C minus property up to a clean C, C+.. 

Each renovation brought rents from below market to at or slightly above market rates.Twelve months later, I sold for $660K.

Compare that with what you’re hearing on the ground to see if the stories align.This approach gives you data you can use to start a constructive conversation with the PM company and helps protect your long-term investment. 

If you say “I want to sublease your place,” most landlords tune out immediately.

The key is to position yourself as a professional housing provider, not a risk. Try this opener:
“I run a housing business that se...

I’ve since brought in a new property management company to help stabilize things and move forward.