The reason is two fold,  one, some PMs don't accept a major rehab and two you will end up paying around %10+ on top of the cost of the contractors to the PM to managing the rehab for you.

Fold it in half and put it in your pocket. 

However you can cut it a bit longer and fold the edges back on itself to minimize that issue.

My suggestion is two-fold:1. 

Said he's happier without the rentals and he made the money back in the stock market several fold. 

As for short/medium term rentals, it seams like the market is oversaturated and I see a lot of people folding.

If it had gone another year or two, as is, I would've folded on it.

As you step inside you are greeted by a bright living space that seamlessly integrates indoor and outdoor living with bi-fold doors that open to a private balcony.

As you step inside you are greeted by a bright living space that seamlessly integrates indoor and outdoor living with bi-fold doors that open to a private balcony.

I do see some listings having fold-up suitcase racks instead as a compromise.