Turnover is expensive- repainting, cleaning, possibly a month or two of vacancy, paying an agent to rent it(or spending your own time showing it,) and so on.

Ensure that your homes are clean, have fresh paint jobs, no funny smells, and have electricity/heat.

In that price range, I believe it's easier to find Single Family rental properties than multis but you also have to be cognizant of the various neighborhoods in Pittsburgh.

-Ability to read and understand most contracts and financial documentsWhat I need:-Money to fund deals likely 400k-1.2 million for first acquisition-Multifamily Experience for the loan and to make raising the money easier (probable possible without, but much better with)-Net worth and Liquidity requirements to qualify for the loan-Experience in turning around a value add in 12-18 months successfully -Experience in Underwriting deals and due diligence-People who are very good at organizing and systematizing-People who excel at operations and administration-People who have a great understanding of construction and contractors (Boots on the ground is a huge plus)All honest feedback is greatly appreciated.Thank you!

Also it is easier to find two $1200 renters than one $1600 renter.  

Clean it up, find another tenant. 

Does anyone in the Phoenix area have recommendations on a quality cleaning company who handles short term rentals in Downtown Phoenix?

This will help you keep things organized and make accounting much easier in the future (like during tax time). 

to add on the tenant issue or holdover owner.. there are laws you need to follow to evict but it becomes an eviction.I have had them leave the homes broom clean.. and I have had them destroy them.. and have hat them deconstruct the home..

I am super stoked to have the opportunity to jump in on the CIE as it is first implemented, information availability will make it easier for investors to make the jump to commercial.