@Lewis Christman, tenants that destroy houses, fail to parent their children and ignore the terms of a lease are not worried about their credit or getting their deposit back, IMHO.  

You should NEVER get a hard money loan to lock up a property because what if you have bad credit or can not refinance it yourself, then the HML will have to foreclose on you and that will destroy your credit even more.

Or do they have a cat, dog or child that destroyed all the screens.  

Rental property destroyed by fire caused by neighbour, tenant evicted ?

How do you keep vandals out or teenagers who think destroying someone else's property is fun?

Another thing to consider is insurance is destroying the SFR market for investors, if the home is older than 2001.

At the extreme end, possible unprecedented Presidential emergency powers the likes of which have not been seen since 1960's school desegregation cases or actions as extreme as those taken by the Lincoln administration during the Civil War (blockading ports, destroying or taking over newspapers and mass media, arresting governors and even congressmen, etc) and later during Reconstruction in the South; Wilson during WWWI, FDR during WWII, Bush and Obama post 9/11.

Its been for rent for 2 months, the people that want to rent it would destroy it and I would have to completely have to remodel it.

If you only insure the property to $150K (to cover just your investment) then in the case of a total loss the insurance company hands your a check for $150K and you have a destroyed house that you have to demo and hopefully donate to the city. 

. ✅ Low risk of a natural disaster: When a natural disaster hits a city, it destroys jobs, businesses, and homes.