As far as property condition, after 5 months the place should be spotless, you barely lived there.

Usually in the beginning i was doing bare minimum pretty much to get then rented out which realistically most of them have payed for themselves.

I ran a stress test at a 10% drop in rents and it was still positive cash flow (barely). 

I am a family practice doctor that just barely finished residency training.

And if you did, what happened may be retaliation.On them legally notifying you, if you received it on the 31st day, by certified mail, they may have barely met the deadline, or maybe not.

A local investor friend bought a house last year with bare OSB walls.

We barely make it to pay everything, we have no extra money to invest.

A candidate that just barely qualifies and accepts your property as they saw it is 10x better than one who overqualifies but is extremely needy.

A RE CPA can help you structure this business in a way that makes sure you pay the bare minimum in taxes as legally required.Best of luck as you start the business and let me know if you have any other questions!

I have been living on the bare minimum for the past 22 months paying down my student loans to where now I am writing my last check this month!