Find a renter, qualify them, move them in, collect rent, oversee repairs, re-sign leases, move them out, turn the unit, rinse and repeat.

If it turns out that the tenant clogged the drain, we give them one warning and after that we charge them.

You're free to wait 30+ years for them to die and hope their offspring feel different but global warming is quickly turning that desert into mars, so good luck getting anybody to move there.

@Alex SilangFirst I assume it’s a month to month lease as you cannot raise it if it’s a long term leaseFor me that is not something I would do, If you want to raise it to market rent then do it, don’t adjust rent because you had an unexpected cost.What if they turn around and walk?

VRBO is completely uncooperative in this.I am contemplating just turning each of these over to an attorney, sue for the chargeback plus legal fees, and let it go.

I feel we often want the biggest best thing and that may not turn out the way we hope!

If somebody wants to get an FHA loan, then eventually turn that into a rental (short term or long term TBD), how would that typically work?

Having the funds to handle evictions and turn units quickly is the key to stabilizing the property and protecting the investment.

$150k will be hard to get anything 2+ units relatively turn key in Columbus.

Depends on your investing style of course but I do not believe there is a better turn-key company in the US for those that want to be as hands off as possible.