It happens (see above: stabilization) and the best thing for you to do would be to evict all of them and put your tenants in there.So, in short, maybe the PM is great maybe the PM is awful.  

I'm looking for US markets that have a low cost to entry (SFR or multi for under $100K per unit/"door") yet have a strong potential for short term rentals.

Turns out a wholesaler already had it under contract for a short sale and were just listing it to fulfil the formality.

This means the size of the piers, reinforcing steels and depth of the piers are supersized.2) The Berkeley, Kensington market is red hot and contractors are in short supply.

I know short sale can take sometime because I would need the bank to approve my offer also and their agent (niece) is willing to show me the home before it goes on market and they are open to working on deal.Should I pursue this deal and what would be a good strategy for this?

In short, I'm wanting to add another bdrm and full bath.

In short, I'm wanting to add another bdrm and full bath.

what's to stop them if I'm at work or short vacation and someone breaks in and claims it as their home because " a PM rented them a furnished place ?"

In this case you'd either need to pay enough to pay off the mortgage--in other words, pay full price--or pursue a short sale.  

Try an asset based lender for a short-ish term (3 years usually).rate will be higher, but it'll be an easy loan to get with almost no underwriting.