I then do following:5.

Any recommendations on who can do the reno? 

By the most important thing (if that's what you're doing) is to have a really good operator who knows the laws, has experience and is above board so they won't leave you high and dry. 

Seems doable, depending on a few factors will determine what the right product is for you.

Asking in the correct forum will get a better response.Read the RULES!

Or just looking to offset the loss?

Hi Pablo, you came to the right place for information! 

If it's substantial enough, they may actually put effort into the search.

@Devan Praska I do not have a manual for my tenants but have created a manual for each of my properties in the event that something might happen to me and someone else would have to take over the management of them.

Hey BiggerPockets Community,I’m Steven Menotti, owner of Menotti Construction Group LLC (KB-1 licensed) and a fellow real estate investor here in the Phoenix Metro area.