Assuming your property is in Utah (like your profile indicates), here's the state law from a basic internet search:In Utah, a tenant who abandons a rental property without notice is liable for the lesser of the following: The rent remaining on the leaseThe rent plus the difference between the fair rental value and the agreed-upon rentThe cost to restore the property to its original conditionThe landlord can also remove the tenant's belongings and sell them if the tenant doesn't claim them within a reasonable time.

What’s the best way for a new LP to vet potential managing partners?

Remodeling costs increase the property’s basis, while post-rental repairs are deductible expenses in the year incurred.An LLC isn’t necessary for a single rental but can provide liability protection as your portfolio grows.

The cleaning costs alone were over $9k.

Talk to the exterminator and let them know there is a problem. 

Why not test the market by putting the lots up for sale, and if nobody bites, that might provide your answer. 

First post and long time listener.

I'm reaching deep into my psychic thoughts… I see it… A majority of people who respond to this post will be real estate brokers… I can see it!

Also, I am guessing that due to the state of the house, it would not qualify for a conventional loan?

(meaning you're the buyer)Ex.