If we asked for a credit, we don't yet have a solid team or even time to be there throughout the entirety of all the repairs, so we would still have to coordinate everything and rely on someone else to be our representative there.

This approach puts me in competition with smaller, local investors rather than in oversaturated tourist-heavy markets, offering a better ROI. 

Thank you all for your responses. 

You can always try holding it if your lease is solid and you did need to return the property to rentable condition secondary to tenant negligence.

Dave makes his money giving solid advice that actually works for most people.

@Scott Mac Thanks for the response I appreciate it.

Roberto,I was going to weigh in, but you got 2 solid answers above that I agree with.My 2 cents,Mike

Appreciate the responses and help. 

(i) Tenant is responsible for all damage caused by smoking including, but not limited to stains, burns, odors and removal ofdebris; (ii) Tenant acknowledges that in order to remove odor caused by smoking, Housing Provider may need to replacecarpet and drapes and paint the entire premises regardless of when these items were last cleaned, replaced or repainted.Such actions and other necessary steps will impact the return of any security deposit.B.

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