They may be living there but as long as the rent is paid, the house is taken care and the lease is followed, I don't worry about it.To answer a few other items that came up - some of my rents are higher than market, some are even with market and a couple are lower. 

The other important item to consider is keeping your Credit score above 680, this gives you the opportunity to refinance without tax returns into a 30 year fixed rate Rental Loan, or DSCR Loan. 

Market Conditions:If it's a seller's market and prices are peaking, I’ll consider selling to capture maximum value.

By carefully balancing the collateral and ensuring rigorous underwriting standards, it is possible to mitigate potential downsides while capturing the upside potential, providing a compelling investment proposition in a competitive market.Uses of Mezzanine Debt CapitalMezzanine debt can be deployed effectively in several ways, including:- Liquidity Provision: Providing liquidity to set aside interest reserves for first lien lenders and tax and insurance escrows required by the first lender.- Property Improvements: Funding additional property improvements such as renovations, HVAC work etc.- Operating Shortfall Coverage: Addressing operational shortfalls during challenging periods.Objectives of Mezzanine DebtThe primary objectives when using mezzanine debt include:- Project Stabilization: Completing renovations, construction, or improvements and then stabilizing the property with 90%+ occupancy.- Interest Rate Management: Buying time until interest rates normalize or decline.

Honestly, not what you want to hear, but take photos of the damage, send them an itemized invoice and tell them what they owe you.

Probably based on this "Within 21 days after move-out, the landlord must send the tenant an itemized statement explaining in detail any deductions from the security deposit (unless they total less than $125), and return the rest of the deposit."

For anyone who wondered here a year later, if you also use Innago, you can avoid manually entering expenses by scanning the receipts and the item description and total $ amount will load automatically, as long as everything on the receipt is expenses for the unit.

I think in these circumstances such items will be quite suitable to new fashion.

But, we still hire outside to make sure we don't miss anything.If we had not hired an inspector when we first started, we would have not caught countless items, and would have overpaid on every deal.If you're going to hire a property manager, and expect them to give you an objective analysis, good luck.

On the residential side my experience has been that any cash flow I accumulate gets eaten by major “replacement” items every three years.