They collect a month of rent and then walk away, whereas a property manager has to deal with that tenant for the next year.

Who walked it and gave you the reno budget ? 

Maybe you walk into a business vs one property, or if not just learn something from a successful businessman.

Ask agent to do final walk-thru video to send to you to confirm quality of work BEFORE final payment to contactor.8) List the property for sale.NOTE: we're heading into winter/holidays when all real estate activity slows.

In the future if you plan to continue to invest in STRs, would encourage other areas - shoot me a DM and happy to walk you through where I'm seeing the most friendly regulations and best cash flow. 

In short don’t walk away, RUN. 

The landlord could offer to mow the lawn and shovel the walk, while making the tenant responsible for repairing or replacing the washing machine.Landlords and tenants need to confirm what is required within their written agreement.

For example, one house the seller - a guy who inherited the house - stole all the appliances before closing, and when we showed up to do the final walk through they were gone.

So the prospects walked away. 

A contractor is walking the property with me this weekend so I will know more then.