Changing the locks and adding security to the home, to ensure he does not vandalize or damage the property.

@Rich Bultema - Just from my experience I have not had an appraiser impact the value for an older heater/air conditioner, however, a heater without A/C (as an example) has impacted an appraisal on a single family home.

Is that specifically a central air unit or did the furnace crap out?

Investment Info:
Single-family residence buy & hold investment.

Purchase price: $204,000

Cash invested: $30,000

This deal was an almost brand new construction in an up and coming area on the ou...

Im tired of letting tenants bail out with unpaid rent and damages that exceed well past the deposit. 

Wanted input on how much might be involved here to remediate, and what range of costs I am looking at, I fully understand that once the drywall is cut open there might be who knows how much damage to the framing, insulation, and whether it is worth it to even get involved with this property.

Even if you have enough for a down payment and closing costs, there is always a chance the furnace or AC goes out the first time you try to turn it on (typically this would be caught by an inspector), or some major damage happens that insurance doesn't cover.  

Accepting money at any time doesn’t waive our right to damages, to past or future rent or other sums, or to our continuing with eviction proceedings.

It's worth a little money to prevent damage if they're being uncooperative.

Investment Info:
Single-family residence buy & hold investment.

Purchase price: $315,000

Cash invested: $80,000

This was my first Airbnb purchase. I used a DCSR loan and I spent around $30,000 ...