This is our boilerplate language:Insurance: Tenant should obtain a renters’ policy of insurance on their personal property.

If they've genuinely abandoned, you'll notice their clothing, personal hygiene, and things of value are all gone.

@Richa Wardhan every investor has to find their own answer to your basic question - focus on portfolio growth or paying off what you have.Portfolio Growth leverages your money using loans and tenants paying off these loans.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

10% down 2nd home loan and savings from the proceeds of already owned STR's.

But I don't know your personal situation and all the financial details. 

Most lenders I work with would lend you 70%-75% of the value of the property, but only so much that your NOI/profit is 20%-25% of the monthly loan payment.

Banks, particularly smaller banks who provide real estate loans are increasingly focused on their borrowers maintaining depository relationships.

The reason I say this is because you probably have a loan on the properties, or one will have to get a loan to buy out the other.

@Micheal Singleton I have the perfect person you should connect with.