It was purchased from MLS as a long term buy and hold rental.

I have one for my other rentals through a prior relationship but that's a couple of hours away. 

It was purchased from MLS as a long term buy and hold rental.

Purchase price: $170,000 Cash invested: $30,000 This is an international short-term rental property on a Greek isle.

@Donald Hatter We send the information to a collection agency who attempts to recover the money; after they make several attempts they place it on their credit report. 

@Morgan Vien For your Oregon rental property, forming an LLC in Oregon can provide liability protection specific to that property.

If you have bank loan (not an agency loan) or no mortgage at all, an LLC is certainly an option.

Turnovers and vacancy kill a rentals profitability.

Part of those cuts included the short-term rental tax loophole, a strategy real estate investors can use to help mitigate their rental income tax by offsetting earned income with real estate losses, and could be renewed or extended.  

They also have a home vacancy tax in a lot of areas which applies to short term rentals.