I would think over the longer-term things will return back to normal, as I don't see this changing the behaviors of vacationers in the long-term.  

You guys come up with all sorts of justification for skanky behavior. 

And she has a history of this type of behavior with other landlordsshe had rented from.

If he gets the message and starts paying, no need to evict, but the tenant needs to know that sort of behavior will not be tolerated.

This way you set the expectation of annual raise BUT also reward/acknowledge the good behavior by giving a discount.You need to figure out your property then your renters and then your lease terms.

The signage also provides a phone number for neighbors to inform on bad behavior or other issues that might arise, providing you an additional pair of eyes.Develop excellent and consistent systems/procedures for handling the routine stuff.

You just have more crime there than other residential neighborhoods because you've got all the bars (alcohol, drunken fights) and a larger percentage of the homeless population which represents a decent portion of the violent crime there.See: Who is to blame for ‘aggressive behavior’ by homeless people downtown?

The Realtors behavior isn't acceptable by any means and isn't an indicator of how most professionals behave just like you have to dig a little to find a good deal, it sometimes takes a bit of digging to find a good Realtor.

Risk management & numbers are a skill of mine that I'd like to take advantage of sooner rather than later, but I'm also not a compulsive buyer and won't jump on a deal unless it makes sense.

Should both PM and tenant feel that this is acceptable behavior?