As indicated I would have welcomed the legal action if it were not for the time drain but the tenant wisely decided that they really did not need the "emotional support animal".If by some chance that I did lose the legal case, I would have made sure that their rent was always at the top of market rent while my usual MO is to allow existing tenants rents to get below market rent. 

Rehab estimate?  

My goal is to get my first property no later than end of Q1 2018.For my immediate next steps I am 1) starting to write out clear goals on what I want to achieve and break it down into smaller steps.  2) I will be joining the Richmond REIA starting in January (December meeting is Christmas party and I'll be away). 3) Continued meetings with people in my current network that are involved in Real Estate Investing - Found out about a few by chance and have reached out. 

@Michael Shea I think your rental estimate is way too high.

@Bruce Dalis Message me when you get chance

I work with mostly primary residences for buyers, yet here is my list:1) Befriend a contractor and take them with you to give to you a rough estimate for a) livability repairs, b) updating, or c) to make it really nice.

I'm concerned that your estimate seems low.

What is your FICO (If you don’t know exactly, a rough estimate will suffice).

The numbers you see in the deal deck/initial projections take these fees in to account when estimating investor returns.

Chances of seeing another's month rent is highly unlikely.