You can also hold the security deposit for those repairs (if you've stated those terms in your lease agreement).The short of the long here is that they're in violation of the lease and you are able to take action.

Investment Info:Single-family residence buy & hold investment.

I'll split this post into two parts based on your question...NUMBER 1: OBTAINING POSITIVE CASH FLOWIt comes down to many factors, but a few key factors that I have found that have the largest impact on the property's cash flow are below (The below generally holds true for any market.

And the GC has no money at stake, so he can simply walk away if things go badly, leaving you holding the bag. 

Just wonder if holding reserves is smart or to buy 1-2 more to offset the low cash flow. 

You can also utilize the 5% down program on 2-4 units multiple times so that’s another strategy that you can repeat. 

- as far flip and flop is concern or hold and rent ( short term, vacation rental ) ??

My personal policy is with State Farm and so is my landlord policy held under my LLC...and the 2 cannot be accessed online except if my insurance agent connects them...which she has repeatedly said is not possible despite State Farm tech support saying that's the only way. 

How are you collecting a deposit, or putting holds on credit cards, for your STR direct bookings?

Bank of America holds those as well for just as long.