I understand that nothing in life is free.

I would call those contractors and ask the same thing about this property as you did those other two guys.

We used our own cash we had no private investors.The other critical part was that we negotiated a 3 year wind down if our bank did not renew this was critical in 09 it allowed for a semi organized wind down that most of us in the HML space were doing in 09 to 2011 with all of our defaulted loans..

Good luck with getting this tenant to accept higher rent, because you've trained your tenant to think they have a "mortgage payment" that never goes up!

I will go back and re-evaluate what type of agent I would like to work with next.Is there a good checklist that I could use to find a good agent?

If not I would recommend looking up other AirBnB owners in the Covington area and simply asking them who they use. 

Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!

@Danielle B be VERY careful with S8 "gurus". 

Let’s share our experiences so we can all navigate these challenges more effectively!

Also, the language you used is very vague and could be argued against it.