Very few updates were necessary for the property because it was a new build, yet we made interior updates as all dimmer lights and updated the bathroom tub.

No warnings, just terminate if possible to gret rid of this problem tenant.5) Theft of tenant possessions - ignore.- Have they filed a police report?

Cash-flow is for "keeping the lights on" as in covering operational expenses to defend against any need for additional capital investment. 

So they have to tread lightly/smartly in order to get paid! 

Also, your transactional fees appear to be too light which only makes the profits more lean....$5k carrying costs between debt service, builder risk, general liability, taxes and insurance.....and $7K for the exit.

Kindly let me know if possible.RegardsHey Kemi, I would start with something either turnkey or light value-add, so you can start forming your boots on the ground team with less pressure and risk.

Decided to grab another one there since we've already built out a great team and the lift to get it running will be light. 

If there was a clear lease violation sufficiently serious and they were given written warnings to correct the issue and did not then you could probably evict.

People also love the back deck with the string lights and a nice seating area. 

But for years I was just working hard without seeing any benefit and I had to keep going even though there was no light at the end of the tunnel.