It's like the concept of "fat FIRE" which I'm trying to follow as well.

Whenever recessions happen businesses use it as a way to trim the fat and get more efficient and I imagine that will happen this time around also. 

So keep fat margins in all of your estimates. 

For all you know, she'll decide she wants another 18 days and another 18 days ad infinitum.So, just let her know you will not be extending the lease, and will be happy to accommodate her with an eviction on her record, and a nice fat judgment to go with it, if she wants to play nasty.You're going to be out money on this tenant no matter what, I'd bet.  

I need to cut the fat.  

It would be cheaper for you to pay for a fat life insurance policy for them.I don't know your rental market, but if the normal market there is such that you can't get a unit rented for 6 months to a year, it's time to sell it and at a loss if necessary.

A) It's not exactly what he said orB) It's BSThe big guys 25+ years are still all quite fat and happy with a ton of debt and units.I'm not doubting Dave at all, since about 80% of people mis-handle debt and a cash-only budget is what they need.However, if you understand the power of using OPM money (ie you borrow o$1 at x% and get a return on it >>x%) it is a major tool in growth.Now if you're 60 and unwinding, I understand. 

Everyone should boycott them anyway, based on fat content.

I know if I hired one to take care of a property, there would be a fat bonus at the end of the year if there were no problems and I was making money because of their good management.

I really wish that you can maybe replace their A/C to a new one but you have a big fat wall in front of you.