Rent is around $130k  per month. 

To determine what to offer on a rental property:Determine reasonable market rent, NOT the highest!

I can help you with accurate rent expectations.

For those of you who have used virtual tours in your listing's have you seen a difference in how quickly properties sell or rent?

Assuming your numbers are accurate, I'm estimating your monthly "rent" or your contribution to the monthly expenses will be about $2,000.

Thus, when a foreclosure sale is held, you can set the bid amount up to the amount of the total debt, which would likely increase from 80K to include the legal fees, receivership costs(we suggest 5 - 10% of the rents collected), repair costs, additional accrued interest, minus rents collected.

I would take James' advice: ignroe the rent, deal with the unauthorized cat, and move forward.

In total, including money lost from rent, legal fees, and repairs, the situation cost almost $30k.

Started renting it out in Summer of '24 when I first moved!

Some have been on the market for weeks", that doesn't bode well for renting of any kind really.