So why would you pull your STR off the market for a year and make less money for a (now) tenant that you know nothing about...?

We used the trenchless Pipe Bursting method to pull the new sewer piping through the existing cast iron which has deteriorated over the years.

At 7%+ interest - and rates expected to drop in the next year, I could see an argument to maybe wait for the rates to come down a bit before pulling the trigger.  

We never took out the equity from the property; however, if I were to do it again, I would likely have done a cash-out refinance or a HELOC so you can pull out the equity and roll it into the next deal.

You could pull out foreclosure data for the county and doorknock...

If that's 25 dollars or 300 that's entirely up to you provided you comply with the law.2) You could pull the equity out in a cash out refinance, and use the proceeds to purchase another property and keep both.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

Also helps if you screen your tenants thoroughly upfront to ensure they're not the type to pull the kind of stunts you're running into unfortunately. 

Maybe if you buy it and live in it where you only have to put 3-5% down you could pull something off… but we bought mostly C class properties back in 2018-2021 and our dollars to close were usually in the high 20’s to low 30’s just to buy the property with 20% down. 

A search may pull them up.