But estimated 5% from day 1, that builds over time and then by the time the repairs happen, there should be enough in the pot.

It has an award winning kitchen, granite, pot filler, Wolf appliances, but the reason I can get $1200-1500 a night is because it is big, has a heated pool and is walking distance to the beach.

Appliances, flooring and the little features, like a pot filler by the stove and a glassed in shower with a fancy rain shower head in the master bath (instead of a tub and shower you would see in a Ramada Inn).  

EX: Cookie sheets, can openers, potato peelers, maybe a crock pot? 

I'm chiming in my 2 cents here...I like to fancy myself a "crack pot economist and economic tin foil hat wearer" but, I try to base my craziness on cold hard facts.  

I kept going back to the fact that I had done business with people that we're not constantly broke, and that real estate was way more stable than anything that I could ever do on the internet regarding sales.Starting as a Landlord/InvestorThen in late 2012 to early 2013 Bitcoin started taking off, some of the people I did business with were suddenly Rich, so I started these fresh millionaires with the idea of going in together and buying a bunch of rentals here in Ohio.By mid 2013 it was very apparent to me that this thing going of out and finding investors was actually going to work, so I packaged up and sold my search engine optimization business while setting aside about $25,000 to throw in the pot with the other investors.

When the tenant forgets the pot on the stove and the place burns down or forgets about running a bath and the place floods, their renters insurance will pay out rather than yours.

You gotta put some money in the pot tho.

I would argue that the clock for adverse possession has started ticking for your tenants, if anyone at all, and not you.some of this law can be pretty complicated.. we are doing one right now were we know the person is passed the known heir has the let the properties go to pot .. and we are petitioning to have our attorney to take over control of the assets then sell them off.. now no one can steal the assets but they can be sold for fair market value and since these are tear downs and really rough stuff there can be some favorable pricing. 

Saw his/her face on every park bench and billboard in town; got a lot of mailers.3.