I mean really, in this case of this post, even if the tenant had sold the OP's snowblower, she would end up financially far, far better off to eat that $100 loss and get rid of the tenant in the least confrontational way possible (which she managed to do without the loss), than to confront him and have him stop paying rent with a national eviction moratorium. 

The issue with turnkey properties is that they eat up a lot of your profits.

If you're talking about something that's more than 5 years old, I'd probably eat it. 

He would wake up at 4am, go to sleep around 11-1am and eat whatever was easiest.

I just finished reading Eat That Frog with my team.

Refinanced at $2697/month- $2,480/month (cashflow from line above) = -$217/month for the remaining 6 mos. of the 1st yr                            after rehab                          Refinance Details: NOI of $49,644 (from above line of rent @ $800/mo) at a 7.4% cap = $670,865; 75% Bank Refinance of                                    $670,000 = $502,500                           $502,500 - $265,000 (Hard Money Loan) = $237,500 (this can pay the seller-owed amount of $284,674 down to $47,174 which                              equals ~2 years of payments of $1721/month)                                                        **Refinance is based conservatively at a 5% interest rate and at a 7.4% cap rate which is typical for the areaYear 2 Cashflow after Rehab and Refinance + Owner Finance Payments: -$217/month or -$2,604 annually (eat into Reserves to break even?)

I don't know if that would happen, but it could if the termites are actively eating your joists while your foundation is settling unevenly.

No matter how nice PMs are, you have to inspect what you expect or they will eat your cash flow alive!

The general rule of thumb is the management fees for a property manager are going to eat up your profits and you'll end with the same profits you would as a LTR. 

(Am open to class B neighborhood, but high prices & prop tax will certainly eat away at         cashflow)2:  Any insight on what cashflow investment markets in Raleigh, Nashville, & Austin are like?