At that point, it's worth researching and finding a solution that better meets your needs.

That rent just isn't sustainable and tenant could be unable to continue to pay...or could look elsewhere due to it being above market.

So, I’ve developed a list of what financial intermediaries SHOULD and SHOULD NOT do in order to establish a viable, sustainable intermediary business1.

I can pretty much guarantee you that you wouldn't want to have anything to with them if only you knew.If you want to avoid these risks, there is a solution and I'll illustrate it with my own situation.

At that point, it's worth researching and finding a solution that better meets your needs.

I have a background in technology and real estate (I was a previous VC-backed technology company founder), so I am very tech-friendly, and I like to adopt solutions that streamline workflow/enable best practices. 

Referencing another recent post, there's not a great software solution that I am aware of for on-boarding a new MTR resident.If you aren't already, I would make sure you disclose to a potential resident any relevant issues that are endemic to a unit as early as possible.

Our solution to this has been our Maintenace Techs.

There are a lot of considerations and maybe not one solution fits all.Normally I say don buy condos for investment. 

So my solution was nearly zero work, almost no experience required, and an improvement on their current zero income solution.