The bounced checks are of incredibly deep concern, we can only imagine what he is doing with all the owners money behind the scenes.

Congrats on the remodel as I imagine it is done by now.

If they aren't taking good care of something small like this in the first week imagine how they will treat you down the road, I'd fire them and hire someone else. 

I can imagine a juicy well taken care of property would not be up for grabs from another landlord.

As you can imagine, our STR market is largely shuttered. 

I imagine it's higher than a typical single family rental considering it looks like the host usually ends up paying for any damage caused by tenants due to a variety of reasons (tenant refuses to pay, damage happened in a common area and it's not clear what tenant caused it, etc.).- Rental loss - PadSplit claims they collect 97% of rents, but I've spoken to a few hosts who have said that a much larger % of their tenants get kicked out owing $500 or more in back rent that is rarely ever collected - what's your experience been here?

As all of you can imagine, the questions that are running through my mind are never ending. 

Where they "see" value is what makes them interested in the home which is how they imagine it will be for them to live in.

i can't even imagine that how stressful is that . 

The quote I got from a local attorney was over double what you've provided and I couldn't imagine trying to pass that entire cost onto the borrower.