@Scott Trench I do see how putting extra work into real estate can juice my returns.

Here's a very basic explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

Demand is highThere was no juice in the deal at list price, and if the property did have a "lot of damage" your $20k rehab number is probably woefully low.

Partly because of the grief of evicting the former homeowner, and partly because there didn't seem enough juice to justify the capital and effort.I'm curious as to how you guys might have analyzed the situation.

Marble is alkaline and reacts with acidic stuff (tomatoes, oranje juice, etc.) and is unsuitable for kitchens.

Not certain an LO has the juice to make that decision...

I do know that with my STR at the ski resort they assumed we would go belly up during the pandemic.

Maybe he just needs the belly to belly talk to thank you for his doing such a great job. 

Here's a very basic explanation to get your juices flowing:Assume a house costs $200,000 and rents for $1,500.

I'm not seeing this at all,  but I bet it is market specific as others have mentioned.I can see some Arbitrage people going belly up over a something like this, like some did during the height of the Pandemic.