Zillow says it’s worth over 500k, but there are things wrong with it: The pellet stove needs a new tiny door to work, two sliding doors are off kilter, needs some cleaning and the deck could use painting.

Make sure when you amend the lease that you include the tenant needs to care for both appliances (ie clean the lint trap after each load) and use appropriate detergents.

My STR and LTR's are all schedule E.Unless you are cooking them breakfast or offering daily cleaning with a turndown service you will be on a schedule E.

No need for any overpriced education, just read books on real estate investing during your down time (I would recommend the "ABCs or Real Estate Investing" by Ken Mcelroy if you are brand new) and listen to the BP podcast when you're commuting, cleaning, cooking, etc.

We would ask about why they were in town (since we were not a major travel area), and we would decline any suspicious stays (i.e. had someone ask about waiving the cleaning fee because they "were not going to sleep" there with their one night stay.)

We take pride in having clean properties to attract multiple applicants which allows us to pick the very best ones.

If the property is worth 415k and you only owe 269k why not sell it at 300-325k range and clean your hands of it if you are at the point of considering bankruptcy?  

Clean finishes.

The place is super clean all the time.

If ANYONE needs introductions to the direct SPONSOR of a deal who has a clean background and ISN't under SEC investigation I'm happy to connect you.