Property was more disgusting than we anticipated and we had to put extra money into deeper cleaning.

This will just turn into a ventfest with everyone complaining about how they can’t find good cleaners, Handymen, Plumbers, roofers, lawncare, snow plow, electricians, etc etc etc.And everyone complaining how they had to fire their last cleaners because cleaning crew members got in a huge fight in the front yard and started throwing things at each other…And how they had to fire the cleaners before that because they showed up drunk…And how they had to fire the cleaners before that because they never even showed up…

Utilities altogether is about $250 a month, internet is $90 a month for the 1T fiber (we want fast internet for 6 people), 5% vacancy, Lawn care $120 a month, Pest control $30 a month, and we do bi-weekly cleaning of the common area at $200 a month.

I know it sounds like I'm splitting hairs but some banks write HELOCs in their residential department....which won't write Investment Properties.

When you first approach the homeowners about helping them out of their property, you'll want to let them know that you aren't going to save their mortgage you're just trying to give them a clean escape from having that defaulted mortgage on their credit.

Signs of this are poor lease quality, maybe M2M tenants, high expenses (unnecessary things like high trash bills, internet, cleaning, security).

It took about 15k to clean, paint and band-aid the property to the point where we could fire sale it.

A little conversation redirect here: this "method" as posed by the original poster has been thoroughly and utterly debunked.A quick analogy:I brush my teeth two minutes per cleaning.

Airbnb algorithm is a mystery somewhat - but the algo does factor your cleaning fee, cancellation policy, review score, and more when factoring visibility.

Charge the old tenant for cleaning and repairs, unpaid rent, and other expenses.