You'll just add to your losses and still have the same mess to clean up.The process for abandoned property is to give written notice to the tenant at their last known address (your rental).

There is a legit chance of a loss of initial investment.  

You don't mention if that's the case, but I thought I'd bring it up.You also won't be able to recognize any loss on the sale if that's the case.

So monthly expenses are $2809.I'm assuming for the sake of this conversation that you charge $150 per night and are occupied 50% (15 nights a month), so your projected income should be $2250 per month.If the above numbers are accurate, you will have an operating loss of -$559 per month.

I did one house I may end up taking a small loss on, we'll see.

Putting that amount into it will only increase the loss.

LLC) will impact liability, tax deductions, and reporting requirements.Rental income is taxed as passive income, and losses—such as depreciation and property expenses—can offset rental income but may be limited if your income exceeds certain thresholds.

You can expect turnover costs, losses due to vacancies, and other expenses.

There's a decent jump in rate from 75% to 80% LTV which also affects cash flow...I can't imagine that anything above 80% would be feasible. 

Keep in mind it is a risk and speculation, if something happens(market tanks, job loss, etc) then you will be out money.