So I gather this isn't a deal that most of you with experience would do? 

Our experience has been that most tenants book about two weeks out from a vacancy, so don't slash the price of your MTR too soon to your next ecpected vacancy(you will get nervous, I promise).

They can pull up comps for recently renovated or new construction properties from the MLS to get you a better idea of a realistic ARV.

I'd run your numbers based on that to understand what a realistic offer would be to most people and then see if you can be competitive. 

- what was your experience? 

Thank you for the informative posts on your experiences.  

Would encouraging longer stays realistically help reduce this, especially for a medium-sized cabin?

A few rentals along the way but realistic on returns 5 to 6% for solid A/B class is where we like to be.

For CY25 I realistically think we'll be somewhat in the black with about ~3-6% ROI/COC now that much of the initial rehab is settling down and we have our systems in place.  

Has anyone ever had to deal with a rental being broken into and vandalized? I got a call from the Warren City hall and they reported pipes bursting and the whole driveway is flooded on initial reports. They reported a...